"US Jobless Claims Rise Despite Tight Labor Market"
TL;DR Summary
Initial jobless benefit claims rose to 215,000, higher than economists' estimates, with the number of Americans collecting jobless benefits also increasing. Economists see some softening in the labor market and expect claims to rise in the coming weeks, despite continued solid economic growth and stable unemployment. Stocks were set to open lower, and the yield on the 10-year Treasury note rose.
- Jobless claims tick up in latest week MarketWatch
- US applications for jobless benefits rise but remain historically low despite recent layoffs The Hill
- US weekly jobless claims fall as labor market remains tight Reuters
- US: Initial Jobless Claims increased more than estimated last week FXStreet
- Federal Reserve's preferred inflation gauge picked up last month in sign of still-elevated prices Oil City Derrick
Reading Insights
Total Reads
0
Unique Readers
10
Time Saved
0 min
vs 1 min read
Condensed
50%
123 → 61 words
Want the full story? Read the original article
Read on MarketWatch