Unemployment Claims Drop, Job Market Stabilizes

New unemployment claims dip slightly, indicating a stable job market. Despite some private sector reports suggesting a weakening job market, weekly claims data shows no alarming rise in layoffs. The Federal Reserve may keep interest rates unchanged next month due to this stable job market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.