in

Jobless claims hit five-month low despite Fed’s efforts to slow labor market

Jobless claims hit five-month low despite Fed's efforts to slow labor market

A person arranges groceries in El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., August 19, 2022.

Sarah Silbiger | Reuters

Initial filings for unemployment claims fell last week to their lowest level in five months, a sign that the labor market is strengthening even as the Federal Reserve is trying to slow things down.

Jobless claims for the week ended Sept. 24 totaled 193,000, a decrease of 16,000 from the previous…


Posted by Editor

Lamar Jackson, Jalen Hurts highlight NFL Players of the Month

Lamar Jackson, Jalen Hurts highlight NFL Players of the Month

El huracán Ian podría ser “el más mortífero de Florida”, Biden advierte

El huracán Ian podría ser “el más mortífero de Florida”, Biden advierte