Tag Archives: Firming

US Jobless Claims Rise, But Labor Market Firming

Washington: The number of Americans filing for unemployment benefits unexpectedly rose last week, but the underlying trend continued to point to a strengthening labor market. The labor market’s resilience was reinforced by another report on Thursday showing announced layoffs by US companies tumbled 18 per cent in February. The signs of sustained labor market strength were the latest indication the ... Read More »