Yhn BusinessLabor first seen 22 h ago, last 26 min ago, peak #9
US jobless claims near 57-year low as layoffs fall
Original: US jobless claims near 57-year low as layoffs fall in September
New US weekly jobless claims have dropped to levels last seen nearly six decades ago, while planned layoffs also fell in September, according to a Reuters report. The figures point to an unusually tight labor market, with employers holding on to workers even as the broader economy slows. Commenters are weighing how long such low unemployment filings can last.
Why now: The labor market's unexpected resilience contradicts widespread expectations of a slowdown, making the jobs data a talking point.
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- US jobless claims near 57-year low as layoffs fall in September · frank_clover · 6
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