Unemployment - Truenewj

US weekly jobless claims rise, more people collect unemployment checks, economists estimate

truenewj8 months ago03 mins

By Lucía Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits rose last week, economists estimated on Thursday, and more people were collecting unemployment checks in early October amid improving labor market conditions. Initial claims for state unemployment benefits rose to a seasonally adjusted 232,000 for the week ending Oct….

Wall Street Rebounds as Fed Holds Rates, Eyes Jobs Report

amefika8 months ago02 mins

Wall Street’s primary indices rose on Thursday following the Federal Reserve’s decision to hold interest rates on hold, easing concerns about potential rate hikes. Attention now turns to the upcoming labor report, which is expected to provide crucial information on the labor market and future interest rate trajectories. Federal Reserve Chairman Jerome Powell’s remarks indicating…