Yhn BusinessLabor first seen 2 d ago, last 12 min ago, peak #9
US jobless claims near 57-year low as layoffs fall
Original: US jobless claims near 57-year low as layoffs fall in September
New figures show weekly US jobless claims have fallen to levels not seen in nearly 57 years, while planned layoffs dropped in September. The data points to a still-tight American labor market, with few workers filing for unemployment benefits and employers cutting fewer jobs. Commenters are weighing what the strength means for wages, inflation and the Federal Reserve's next moves on interest rates.
Why now: Fresh government data showing an exceptionally strong labor market lands amid ongoing debate over interest rates and the economy's direction.
United StatesUS labor marketFederal Reserve
Rank over time, top of the chart is #1. 37 snapshots from 2 d ago to 12 min ago.
Evidence
- US jobless claims near 57-year low as layoffs fall in September · frank_clover · 6
API: https://socialmediatrends-api.osmike.com/v1/trends/656449