Editor
The number of Americans applying for jobless benefits inched up last week but remains low by historical standards, even with the Federal Reserve’s aggressive interest rate hikes meant to cool the economy and taper lingering inflation.
Unemployment claims rose by 5,000 to 217,000 for the week ending Oct. 28, the Labor Department reported Thursday.
Jobless claim applications are seen as representative of the number of layoffs in a given week.
The four-week moving average of claims, which quiets…
Unemployment claims rose by 5,000 to 217,000 for the week ending Oct. 28, the Labor Department reported Thursday.
Jobless claim applications are seen as representative of the number of layoffs in a given week.
The four-week moving average of claims, which quiets…
