Reported 13 days ago
The number of Americans filing new jobless claims decreased to 217,000 last week, according to estimates by JPMorgan and Goldman Sachs, although unchanged hiring levels have left many still receiving unemployment benefits. Despite the ongoing U.S. government shutdown halting official data collection, economists have utilized available state data to estimate the claims. Concerns persist regarding the labor market, with layoffs and hiring remaining low, as noted by Federal Reserve officials ahead of their policy meeting.
Source: YAHOO