Initial claims for unemployment insurance totaled 260,000 last week, near the highest level since November amid a shift in the U.S. labor market. The total for the week ended July 30 was in line with … Read more
Initial jobless claims hit their highest level since mid-November last week, the latest sign that a historically tight labor market is beginning to slow, according to Labor Department data released Thursday. Claims totaled 251,000 for the week … Read more
Just days after we reported that “Real-Time Indicators Show The Labor Market Just Cratered“, suggesting that the last pillar propping up the US economy (with GDP now just 0.9% away from a full-blown technical recession) … Read more
Jobless claims are near the lowest level since the late 1960s The numbers: New U.S. jobless claims fell slightly to 184,000 in mid-April and stayed near a 54-year low, reflecting a tight labor market in which … Read more