Newsweek on Nostr: Jobless Claims Fall to 211,000, Lowest Since March ========== Jobless claims dropped ...
Jobless Claims Fall to 211,000, Lowest Since March
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Jobless claims dropped by 9,000 to 211,000 for the week ending December 30, 2024; this is the lowest level since March 2024; the U.S. economy added an average of 180,000 jobs per month in 2024, down from 251,000 in 2023; unemployment rate is currently at 4.2 percent; continuing jobless claims decreased by 52,000 to 1.84 million; inflation fell to 2.7 percent as of November 2024, down from 9.1 percent in mid-2022; December hiring figures are expected to show an addition of 160,000 jobs; Federal Reserve is slowing interest rate cuts amid inflation concerns; analysts caution about seasonal adjustments affecting jobless claims accuracy.
#JoblessClaims #UsEconomy #LaborMarket #Unemployment #Inflation #FederalReserve #Employment #EconomicData #2024 #Biden
https://www.newsweek.com/us-jobless-claims-fall-economy-holiday-season-2008852
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Jobless claims dropped by 9,000 to 211,000 for the week ending December 30, 2024; this is the lowest level since March 2024; the U.S. economy added an average of 180,000 jobs per month in 2024, down from 251,000 in 2023; unemployment rate is currently at 4.2 percent; continuing jobless claims decreased by 52,000 to 1.84 million; inflation fell to 2.7 percent as of November 2024, down from 9.1 percent in mid-2022; December hiring figures are expected to show an addition of 160,000 jobs; Federal Reserve is slowing interest rate cuts amid inflation concerns; analysts caution about seasonal adjustments affecting jobless claims accuracy.
#JoblessClaims #UsEconomy #LaborMarket #Unemployment #Inflation #FederalReserve #Employment #EconomicData #2024 #Biden
https://www.newsweek.com/us-jobless-claims-fall-economy-holiday-season-2008852