US Jobless Claims Decline Again, Signaling Labor Market Strength The number of Americans filing for unemployment benefits decreased last week, indicating a strong labor market that continues to bolster the economy. This marks the second consecutive weekly decline, reversing most of the earlier increase this month. Despite slower job growth due to past Federal Reserve rate hikes, layoffs remain low. Initial claims fell by 8,000 to 215,000, below the forecasted 220,000, with significant drops in California and Indiana. Economist Robert Frick noted that the feared increase in claims has not materialized, affirming the labor market’s robustness. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Inverted Yield Curve Signals Caution, But Economic Strength Defies Predictions READ MORE Fed's Outdated Forecasting Challenged as Economy Defies Predictions READ MORE Venezuela's Gold Reserves Plunge Over 11% Amid Economic Challenges READ MORE Bankrupt Crypto Lender Genesis Settles SEC Lawsuit READ MORE Chinese Gold Trading EXPLODES READ MORE Add a Comment Cancel replyYour email address will not be published.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