Jobless claims rise more than expected to 219,000

  • October 6, 2022
  • no comment
  • realestatelife

The number of Americans filing first-time unemployment benefits rose more than expected last week, a sign the labor market is starting to cool a tight as the Federal Reserve raises interest rates at the fastest pace in decades. Figures released Thursday by the Labor Department show applications for the week ended Oct. 1 climbed to

READ MORE

Private sector hiring slows sharply in July

  • August 4, 2021
  • no comment
  • realestatelife

The U.S. economy added 330,000 private-sector jobs last month, a decline from the downwardly revised 680,000 jobs gained in June, according to the ADP National Employment Report released Wednesday. U.S. stocks slipped across the board as investors weighed a slowdown in hiring as reported by ADP. The data is often viewed a precursor to the

READ MORE