Newsweek on Nostr: US Applications for Jobless Benefits Continue to Remain Near 7-month Lows ========== ...
US Applications for Jobless Benefits Continue to Remain Near 7-month Lows
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Applications for unemployment benefits in the U.S. fell by 2,000 to 213,000 for the week ending November 23, 2024; prior week's claims revised upward to 215,000; total Americans receiving unemployment benefits rose by 9,000 to 1.91 million for the week ending November 16, marking the highest level since November 13, 2021; four-week moving average of claims reached 1.9 million, up by 13,500; jobless claims dropped by 6,000 to 213,000 for the week ending November 16, below the projected 220,000; U.S. economy grew at an annualized rate of 2.8% in Q3 2024; Federal Reserve cut interest rates twice in recent months, with a potential third cut anticipated in December.
#Unemployment #JoblessBenefits #UsEconomy #LaborDepartment #InterestRates #FederalReserve #EconomicGrowth #Claims #Employment #Data
https://www.newsweek.com/labor-department-jobless-benefit-applications-unemployment-us-economy-1992531
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Applications for unemployment benefits in the U.S. fell by 2,000 to 213,000 for the week ending November 23, 2024; prior week's claims revised upward to 215,000; total Americans receiving unemployment benefits rose by 9,000 to 1.91 million for the week ending November 16, marking the highest level since November 13, 2021; four-week moving average of claims reached 1.9 million, up by 13,500; jobless claims dropped by 6,000 to 213,000 for the week ending November 16, below the projected 220,000; U.S. economy grew at an annualized rate of 2.8% in Q3 2024; Federal Reserve cut interest rates twice in recent months, with a potential third cut anticipated in December.
#Unemployment #JoblessBenefits #UsEconomy #LaborDepartment #InterestRates #FederalReserve #EconomicGrowth #Claims #Employment #Data
https://www.newsweek.com/labor-department-jobless-benefit-applications-unemployment-us-economy-1992531