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U.S. Jobless Claims Fell Last Week, Showing Solid Labor Market
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Applications for U.S. unemployment benefits fell last week, consistent with a labor market that remains resilient despite signs of a broader economic slowdown.
Initial jobless claims, a proxy for layoffs, decreased by 16,000 to a seasonally adjusted 225,000 last week, the Labor Department said Thursday. That was near the 2019 weekly average of around 218,000, when the labor market was also robust.
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Jobless Claims Fell by 20,000 Last Week wsj.com /1 year ago
Jobless Claims Fell by 20,000 Last Week wsj.com /1 year ago
Jobless Claims Fell by 20,000 Last Week wsj.com /1 year ago
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