The number of Americans applying for unemployment benefits last week rose to its highest level since October 2021, but the labor market remains one of the healthiest parts of the U.S. economy
Fewer Americans applied for jobless claims last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool the economy and tamp down inflation
The labor market has remained strong despite some slowing in other areas of the economy.
As the restaurant industry tries to recover from the pandemic, it is facing a new crisis—a staff shortage in the kitchen.
