The number of Americans filing applications for unemployment benefits dropped fr...
WASHINGTON - The number of Americans filing applications for unemployment benefits dropped from more than a two-year high last week, pointing to sustained labor market strength.
Though the drop did not unwind the prior week’s jump of 49,000, it likely does not indicate a material shift in labor market conditions as claims data tend to be volatile in the period following the Thanksgiving Day holiday. The Labor Department said no claims for states were estimated last week. The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out week-to-week volatility, rose 1,500 to 225,500 last week. The underlying trend in claims remains consistent with a strong labor market.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. economy on good path with rates on hold, Fed policymakers sayThe U.S. economy is in good shape after three interest-rate cuts this year, two ...
Read more »
Judge rules in favor of U.S. effort to take Edward Snowden's book moneyFormer National Security Agency contractor Edward Snowden violated secrecy agreements with the U.S. government that allow it to claim proceeds from a memoir he published earlier this year, a judge ruled Tuesday.
Read more »
More than 20% of U.S. of high school seniors vaped THC in 2019: studyMore than 20% of U.S. high school seniors reported vaping marijuana in 2019, the...
Read more »
Republican lawmakers, opposing Trump impeachment, cite crucifixion of JesusRepublican Congressman Barry Loudermilk said that Jesus received a fairer trial than President Donald Trump, who is likely to face a trial in the Senate after a House vote on ImpeachmentDay charges
Read more »
U.S. banking regulators see shortcomings in 'living wills' for six banksTwo U.S. banking regulators signed off on Tuesday on 'living wills' su...
Read more »