US labour market was still resilient at the end of 2022
Reports suggested economy ended 2022 on solid footing, despite layoffs in tech and finance, indicating more rate rises.
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Reports suggested economy ended 2022 on solid footing, despite layoffs in tech and finance, indicating more rate rises.
The number of Americans filing new claims for jobless benefits dropped to a three-month low last week while layoffs fell 43% in December, pointing to a still-tight labor market that could force the Federal Reserve to keep hiking interest rates.
The number of Americans filing new claims for jobless benefits dropped to a three-month low last week while layoffs fell 43% in December, pointing to a still-tight labor market that could force the
The number of new applications for unemployment benefits rose by 7,000 to 225,000 last week, a discouraging sign for the economy, the Labor Department reported Thursday.