New filings for jobless benefits last week advanced to 206,000, remaining below the pre-pandemic level in 2019, after falling to a 52-year low the week before. … READ MORE >
layoffs
Initial jobless claims fell more than expected as labor market gained momentum
First-time claims for jobless benefits—a proxy for layoffs—posted a significant 10.4% drop for the week ending Oct. 2 to 326,000, in a sign that the labor market continues to be tight. … READ MORE >