Thursday, December 7, 2023
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO North America > News > U.S. weekly jobless claims fall to five-month low

U.S. weekly jobless claims fall to five-month low

in News
U. S. Weekly jobless claims fall to five-month low
Share on LinkedinShare on WhatsApp

The number of Americans filing new claims for unemployment benefits fell to a five-month low last week, according to the Labor Department.

Jobless claims for the week ended Sept. 24 totaled 193,000, a decrease of 16,000 from the previous week’s downwardly revised total and below the 215,000 Dow Jones estimate.

The drop in claims was the lowest level since April 23. Continuing claims, which runs a week behind, fell 29,000 to 1.347 million.

The strong labor report comes amid the Federal Reserve’s efforts to cool the economy and bring down inflation. Central bank officials specifically have pointed to the tight labor market and its upward pressure on salaries as a target of the policy tightening.

The central bank last week raised its policy interest rate by 75 basis points and signaled more large increases to come this year. Since March, the Fed has hiked its policy rate from near zero to the current range of 3.00% to 3.25%.

The Fed last week raised its median forecast for the unemployment rate this year to 3.8% from its previous projection of 3.7% in June. It boosted its estimate for 2023 to 4.4% from the 3.9% projected in June.

Tags: Department of LaborFederal ReserveUnemployment

Related Posts

Us mortgage refinance demand surges 14%
Industry

US mortgage refinance demand surges 14%

Us consumers purchased one million evs in 2023
Industry

US consumers purchased one million EVs in 2023

Mcdonald’s aims to add 9,000 new locations by 2027
Business

McDonald’s aims to add 9,000 new locations by 2027

Sag-aftra ratifies deal with amptp
Industry

SAG-AFTRA ratifies deal with AMPTP

Stellantis to relaunch fiat 500e ev in us market
Business

Stellantis to relaunch Fiat 500e EV in US market

Wells fargo cautions on high fourth quarter severance fees
Management & Leadership

Wells Fargo cautions on high fourth quarter severance fees

Cvs to restructure prescription drug pricing
Business

CVS to restructure prescription drug pricing

Us job availability reaches two-year low
Industry

US job availability reaches two-year low

Gold prices reach all-time high
Industry

Gold prices reach all-time high

Panera bread files for ipo
Business

Panera Bread files for IPO

No Result
View All Result

Recent Posts

  • Paris to build ‘urban forest’ amid city infrastructure
  • Google reveals advanced AI model, Gemini
  • TV bundles aim to retake streaming’s crown
  • US mortgage refinance demand surges 14%
  • US consumers purchased one million EVs in 2023

Recent Comments

  • CEO North America, August - September 2023 - CEO North America on Interviews – CEO North America, October – November 2022
  • CEO North America, August - September 2023 - CEO North America on CEO North America, December 2022 – January 2023
  • CEO North America, August - September 2023 - CEO North America on Why Tech Companies Are Moving to Texas and Florida
  • CEO North America, August - September 2023 - CEO North America on CEO North America, February 2023 – March 2023
  • Lab-Grown Milk Has Huge Potential to Disrupt Dairy – Simply Commodities on The dairy industry is in trouble

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Editorials –
stuart.james@ceo-na.com

Advertising –
advertising@ceo-na.com

NEW YORK

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

HOUSTON

1201 Fannin St.
Suite 262
Houston, TX
77002
USA

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Editorials –
stuart.james@ceo-na.com

Advertising –
advertising@ceo-na.com

NEW YORK

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

HOUSTON

1201 Fannin St.
Suite 262
Houston, TX
77002
USA

CEO North America © 2022 - Sitemap

No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In