Reported about 6 hours ago
The latest report from the Labor Department revealed a higher-than-expected increase in new unemployment claims, rising by 14,000 to 217,000 for the week ending January 11. Despite this rise, the overall labor market is described as healthy, with nonfarm payrolls adding 256,000 jobs in December and the unemployment rate dipping to 4.1%. Ongoing worker shortages and low layoffs contribute to economic stability, though uncertainties regarding future staffing exist, amid concerns about potential policy changes from President-elect Trump.
Source: YAHOO