Reported 1 day ago
Last week saw a slight rise in the number of Americans applying for unemployment benefits, with claims increasing by 5,000 to 219,000. Despite this uptick, layoffs remain low, and the labor market continues to show resilience with a current unemployment rate of 4%. While some companies have announced job cuts this year, overall job growth remains steady, and analysts expect only modest changes in layoffs in the near future.
Source: YAHOO