Initial Jobless Claims Rise as Michigan and New York Lead
Initial jobless claims increased to 209,000, driven by Michigan and New York, while continuing claims fell below 1.8 million, indicating a mixed labor market.
4 articles tagged with #labor market
Initial jobless claims increased to 209,000, driven by Michigan and New York, while continuing claims fell below 1.8 million, indicating a mixed labor market.
Diane Swonk highlights July's jobs report as evidence of the deportation economy's negative impact, showing reduced payrolls and workforce shrinkage.
The latest jobs report reveals a 23,000 job deficit for July, with prior months revised down by 103,000, while the unemployment rate falls to 4.1%.
Initial jobless claims remain near 57-year lows, signaling a robust labor market. Continuing claims rise slightly, with mixed trends across states.