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Jobless Claims

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Jobless claims dip as labor market stays resilient amid steady growth outlook
economy22 days ago

Jobless claims dip as labor market stays resilient amid steady growth outlook

Initial unemployment claims fell to 205,000 for the week ending March 14 (lowest since mid‑January), while continuing claims rose to 1.86 million for the week ending March 7. Federal Reserve Chair Powell described the 4.4% unemployment rate as stable and said hiring and layoffs remain unusually low. Fed officials project unemployment around 4.4% this year, with GDP growth seen at about 2.4% in 2026 and 2.3% in 2027, and they expect at least one quarter-point rate cut later this year as the economy stays resilient despite layoffs at large firms.

March jobless claims hold near 213,000 as labor market stays sluggish but stable
economy-and-politics1 month ago

March jobless claims hold near 213,000 as labor market stays sluggish but stable

First-time unemployment claims held at 213,000 in the latest week, marking a third straight week with little change and suggesting a sluggish but generally stable labor market. Continuing claims fell to 1.85 million, and economists had expected a rise to 215,000, easing concerns prompted by February’s payroll weakness.

U.S. Job Market Shows Signs of Cooling, Not Collapse
economy5 months ago

U.S. Job Market Shows Signs of Cooling, Not Collapse

The US jobs market shows signs of stagnation with rising layoffs reported by large companies and low hiring activity, but low jobless claims and stable unemployment rates suggest it isn't collapsing yet. The delayed employment reports due to the government shutdown complicate the assessment of the labor market's health, which may remain uncertain until early next year.

US Jobless Claims Drop to Lowest Since July, Indicating Labor Market Strength
economy6 months ago

US Jobless Claims Drop to Lowest Since July, Indicating Labor Market Strength

Initial jobless claims in the U.S. dropped to 218,000 for the week ending September 20, the lowest since mid-July, indicating a resilient labor market despite recent volatility and concerns about rising layoffs. The decline suggests that the labor market remains strong, which may influence the Federal Reserve's decisions on interest rate adjustments.

Stock Markets Hit Record Highs Amid Rate Cut Expectations
finance7 months ago

Stock Markets Hit Record Highs Amid Rate Cut Expectations

Stock futures remain flat after a market surge driven by signs of weakening jobs and tame inflation, which investors interpret as a potential for the Federal Reserve to cut interest rates next week. Major indices hit record highs, with the Dow surpassing 46,000, despite hotter-than-expected CPI data and a surprising jump in jobless claims. The market is also reacting to upcoming IPOs and after-hours earnings reports, with the week on track for positive performance across major indices.