Yhn BusinessLabor first seen 2 d ago, last 59 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 dropping to levels close to a 57-year low, while planned layoffs fell sharply in September. The data points to a still-resilient American labor market, with fewer workers filing for unemployment benefits and companies cutting fewer jobs, a combination likely to draw attention from economists and policymakers weighing the outlook for hiring and interest rates.
Why now: Fresh weekly data showing near-record low jobless claims and falling layoffs signals unexpected labor market strength.
United StatesUS Department of Labor
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Evidence
- US jobless claims near 57-year low as layoffs fall in September · frank_clover · 6
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