US labour market in spotlight as jobless claims hit 4-month high
The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, reaching a four month-high and potentially hinting at some
Stay updated with breaking news from Daniel Silver. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, reaching a four month-high and potentially hinting at some
The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, touching the highest level in three months, but there is no material shift in labor market conditions amid strong demand for workers. The report from the Labor Department on Thursday also showed that the number of people on state unemployment rolls ...
U.S. wholesale inventories increased solidly in March and the pace of accumulation in the prior month was stronger than previously reported, which could lead to a small upward revision to the first-quarter gross domestic product estimate. The Commerce Department said on Monday that wholesale inventories rose 2.3% in March as reported last month. Data for ...
New claims for U.S. unemployment benefits increased to a more than two-month high last week, but remained at a level consistent with tightening labor market conditions and further wage gains that could keep inflation hot for a while. The report from the Labor Department on Thursday also showed the number of Americans collecting state unemployment ...
Economists brushed off last week's increase in initial claims, arguing that the data are volatile around moving holidays like Easter, Passover and school spring breaks.