The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low despite the Federal Reserve's efforts to loosen the labor market.
The four-week average of claims, which softens some of the week-to-week volatility, rose a modest 1,750 to 219,750. The former president, in a typically loud post on his social media platform Truth Social, claimed that FBI agents had been authorized to use ‘deadly force’ during the raid of his Florida propertyDave Sanders/Pool via ReutersDonald Trump’s defense team rested their case on Tuesday after putting on what The New York Times described as a “minimal defense.”The Times likely did not intend any disparagement of Trump’s defense with its wording.
Source: News Formal (newsformal.com)
Unemployment Benefits Weekly Unemployment Claims The Federal Reserve
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