City
Epaper

US initial jobless claims rise, signal softening labour market

By IANS | Published: December 30, 2022 5:15 AM

Washington, Dec 30 US initial claims for unemployment benefits rose last week, a signal that the tight labour ...

Open in App

Washington, Dec 30 US initial claims for unemployment benefits rose last week, a signal that the tight labour market could be softening.

Initial jobless claims climbed by 9,000 to 225,000, according to data published on Thursday by the US Labour Department.

Economists surveyed by The Wall Street Journal had predicted that new claims would increase 7,000 to 223,000, after claims grew 2,000 to 216,000 in the previous week, Xinhua news agency reported.

The number of individuals collecting unemployment increased to 1.71 million, the highest level since February.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: United States Department of LaborWall street journal
Open in App

Related Stories

InternationalAmid Israel-Iran Tensions, Biden Administration Weighs Sending USD 1 Billion More in Weapons to Israel: Report

TechnologyThis US state mulls banning sales of smartphone location data

InternationalBen Affleck, JLo seen holding hands as they leave furniture store

InternationalUS envoy in Russia meets jailed WSJ reporter

InternationalChina's presence in Cuba poses huge threat to US

Politics Realted Stories

PoliticsManmohan Singh Accuses PM Modi of Diminishing the Prestige of the PM's Office: 'No Prime Minister Has Used Such Hateful Language

PoliticsChirag Paswan Criticizes Rahul Gandhi's Promise to Scrap Agniveer Scheme: 'Those Who Care About Mutton Parties Will Not Understand'

PoliticsLok Sabha Election 2024: Prime Minister Modi Urges First-Time Voters in Varanasi to Exercise Their Democratic Right

NationalOdisha CM Naveen Patnaik Responds to PM Modi's Call for Health Probe, Says 'He Should Have Called Me' (Watch Video)

PoliticsEnd of 'Unconditional Support'? Raj Thackeray's Move Shakes Up BJP Ahead of Maharashtra Assembly Elections