Labor Market Resilience Amidst Technology Layoff Wave U.S. weekly jobless claims have dipped, showcasing the labor market’s robustness even as the tech sector announces significant layoffs. Last week saw a decrease of 9,000 in jobless claims, settling at 218,000, against a backdrop of anticipated layoffs predominantly in the technology industry. This development suggests not only the absence of widespread job losses but also a strong economic growth momentum carrying into early 2024, potentially impacting the Federal Reserve’s interest rate decisions. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The Largest Gold Reserves by Country Visualized READ MORE Gold's Upward Momentum Continues Amid Global Economic Uncertainty READ MORE BRICS: Scotiabank Says US Dollar To Fall in 2024 READ MORE Gas Prices Could Soar Past Last Year's Rates Amid Refining Woes READ MORE Gold Holds Above $2,500: Safe-Haven Appeal Strengthens READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment