US applications for unemployment benefits come back down after last week's big rise
==========
Jobless claims fell by 22,000 to 220,000 for the week of Dec. 14, 2024; fewer than the forecasted 229,000; continuing claims decreased by 5,000 to 1.87 million for the week of Dec. 7; four-week average of claims rose by 1,250 to 225,500; U.S. job openings rebounded to 7.7 million in October; November saw 227,000 jobs added; Fed cut benchmark rate for the third time in a row on Dec. 18, 2024; Fed projected only two rate cuts in 2025, down from four; job market remains healthy despite interest rate increases.
#Unemployment #JobMarket #FederalReserve #JobClaims #EconomicTrends #UsEconomy #InterestRates #EmploymentStatistics #LaborMarket #JobOpenings
https://www.oaoa.com/local-news/us-applications-for-unemployment-benefits-come-back-down-after-last-weeks-big-rise/
Odessa American
npub1gj…3z7sm
2024-12-19 16:59:39 UTC
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2024-12-19 16:59:39 UTCEvent JSON
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"content": "US applications for unemployment benefits come back down after last week's big rise\n==========\n\nJobless claims fell by 22,000 to 220,000 for the week of Dec. 14, 2024; fewer than the forecasted 229,000; continuing claims decreased by 5,000 to 1.87 million for the week of Dec. 7; four-week average of claims rose by 1,250 to 225,500; U.S. job openings rebounded to 7.7 million in October; November saw 227,000 jobs added; Fed cut benchmark rate for the third time in a row on Dec. 18, 2024; Fed projected only two rate cuts in 2025, down from four; job market remains healthy despite interest rate increases.\n\n#Unemployment #JobMarket #FederalReserve #JobClaims #EconomicTrends #UsEconomy #InterestRates #EmploymentStatistics #LaborMarket #JobOpenings\n\nhttps://www.oaoa.com/local-news/us-applications-for-unemployment-benefits-come-back-down-after-last-weeks-big-rise/",
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