The good, the bad and the blurry
Another week, another round of perplexing signals about the health of the U.S. economy.
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Another week, another round of perplexing signals about the health of the U.S. economy.
Americans filed more jobless claims last week than before, a sign that the labor market is changing from the conditions seen in the early months of 2022.
Initial claims for unemployment insurance were expected to total 260,000 for the week ended July 30, according to Dow Jones estimates.
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The resilience of the job market is particularly striking when set against the backdrop of galloping price increases, rising borrowing costs and fear that the...