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Low Jobless Claims Show Labor Market Shrugs Off Economy’s Clouds
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Worker filings for unemployment benefits rose last week but were still historically low, showing that the broader labor market remains robust despite large companies announcing layoffs.
Initial jobless claims, a proxy for layoffs, increased by 7,000 to a seasonally adjusted 198,000 last week, the Labor Department said Thursday.
Read more on wsj.comAbout this in other media
Low Jobless Claims Show Labor Market Shrugs Off Economy’s Clouds wsj.com /1 year ago
Higher March Jobless Claims Add to Signs of Cooling Labor Market wsj.com /1 year ago
Low Jobless Claims Show Labor Market Shrugs Off Economy’s Clouds wsj.com /1 year ago
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