Unemployment benefits claims decline
A new report says first-time claims for unemployment benefits hit a three-month low last week.
A new report says first-time claims for unemployment benefits hit a three-month low last week.
U.S. inflation accelerated last month as gasoline and many other goods and services became more expensive, evidence that rising prices remain an economic challenge just a few weeks before midterm elections that have focused heavily on affordability.
U.S. employers posted fewer job openings in August, but the American labor market remains resilient in the face of higher energy costs caused by the fighting with Iran.
Fewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool it.
When the Labor Department releases the April jobs report on Friday, it could be big.
The latest numbers from the Labor Department show first-time claims for unemployment benefits fell by six thousand last week.
Inflation is on the rise and in a big way. On Thursday, the Labor Department reported that consumer prices rose more than 5% over the past year, the biggest 12 month inflation spike since 2008.
The Labor Department’s job report shows 916,000 new jobs were filled in the month of March. That’s almost double the 468,000 added in February.