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fromAxios
1 week ago

The U.S. job market is slowing, not collapsing

Similarly, despite a slew of announced layoffs, the actual number of people filing for unemployment benefits - as revealed by states' releases of their weekly claims numbers - remains low for now. JPMorgan economists peg last week's initial claims at 229,000, up a bit from 220,000 the previous week but well within the low range that has prevailed all year.
US news
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#federal-reserve
fromFortune
2 months ago
Business

'Dust off your rate-cutting playbook' JPMorgan tells clients, the evidence for a Fed cut just keeps piling up | Fortune

fromFortune
2 months ago
Business

'Dust off your rate-cutting playbook' JPMorgan tells clients, the evidence for a Fed cut just keeps piling up | Fortune

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Real estate
fromwww.housingwire.com
2 months ago

Mortgage rates hit new 2025 low as jobless claims spike

10-year yield hit 4% as bond markets reacted to a Texas-driven spike in jobless claims; continuing claims at three-year highs signal labor market softening.
Tech industry
fromABC7 Los Angeles
6 months ago

The number of Americans filing for jobless claims jumps last week, but remains at healthy levels

Jobless claims rose to 241,000, indicating possible future layoffs despite a historically healthy job market.
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