WNYT NewsChannel 13 on Nostr: US applications for jobless benefits rise to highest level in 2 months but remain ...
US applications for jobless benefits rise to highest level in 2 months but remain relatively low
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U.S. applications for unemployment benefits increased by 17,000 to 242,000 for the week of Dec. 7, 2024; this is higher than the 220,000 forecasted by analysts; continuing claims rose by 15,000 to 1.89 million for the week of Nov. 30; the four-week average of claims increased by nearly 6,000 to 224,250; job openings rebounded to 7.7 million in October; U.S. employers added 227,000 jobs in November; the Federal Reserve has cut its benchmark rate at its last two meetings in response to receding inflation; inflation has fallen close to the Fed's 2% target from highs above 9%; another rate cut is expected at the Fed's final 2024 meeting next week.
#JoblessBenefits #Unemployment #LaborMarket #FederalReserve #Inflation #JobOpenings #Employment #EconomicTrends #UsEconomy #December2024
https://wnyt.com/business-news/us-applications-for-jobless-benefits-rise-to-highest-level-in-2-months-but-remain-relatively-low/
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U.S. applications for unemployment benefits increased by 17,000 to 242,000 for the week of Dec. 7, 2024; this is higher than the 220,000 forecasted by analysts; continuing claims rose by 15,000 to 1.89 million for the week of Nov. 30; the four-week average of claims increased by nearly 6,000 to 224,250; job openings rebounded to 7.7 million in October; U.S. employers added 227,000 jobs in November; the Federal Reserve has cut its benchmark rate at its last two meetings in response to receding inflation; inflation has fallen close to the Fed's 2% target from highs above 9%; another rate cut is expected at the Fed's final 2024 meeting next week.
#JoblessBenefits #Unemployment #LaborMarket #FederalReserve #Inflation #JobOpenings #Employment #EconomicTrends #UsEconomy #December2024
https://wnyt.com/business-news/us-applications-for-jobless-benefits-rise-to-highest-level-in-2-months-but-remain-relatively-low/