Fewer unemployment claims as US sees strong job market

  • 📰 fox43
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

The Fed kept their benchmark rate unchanged for a fifth straight time, but warned of changes in the future that may impact loan rates.

Even with the strong numbers, economists expect some tightening in the jobs market this year given the surprising growth of the U.S. economy last year and in 2024.NEW YORK — The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security.

Overall, 1.8 million Americans were collecting unemployment benefits the week that ended March 16, up 24,000 from the week before.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 564. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Forex Today: The Fed, the whole Fed and nothing but the FedThe Greenback managed to maintain its multi-session constructive bias well and sound and propel the USD Index (DXY) back above 104.00, albeit ephemerally.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Fed could cut rates fewer times than expected as economy keeps growing, according to CNBC surveyThe average probability of a soft landing was 52%, up from 47% in the January CNBC Fed survey.
Source: NBCLA - 🏆 319. / 59 Read more »

Fed could cut rates fewer times than expected as economy keeps growing, according to CNBC surveyThe average probability of a soft landing was 52%, up from 47% in the January CNBC Fed survey.
Source: CNBC - 🏆 12. / 72 Read more »

Former Fed Vice Chair Clarida sees possibility of fewer rate cuts than expected this yearClarida said his former colleagues need to be on guard against sticky prices that could thwart plans to ease this year.
Source: CNBC - 🏆 12. / 72 Read more »

Parma says it's had fewer pursuits in 2023 than the year before, terminate more frequentlyReporter at News 5 Cleveland
Source: WEWS - 🏆 323. / 59 Read more »

Parma says it's had fewer pursuits in 2023 than the year before, terminate more frequentlyReporter at News 5 Cleveland
Source: WEWS - 🏆 323. / 59 Read more »