U.S. jobless claims drop; layoffs fall in May

Capt. John

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week as demand for labor remained strong, helping to underpin the economy amid rising interest rates and tightening financial conditions. Initial claims for state unemployment benefits fell 11,000 to a seasonally adjusted 200,000 for the week ended May 28, the Labor Department …

The post U.S. jobless claims drop; layoffs fall in May first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/u-s-jobless-claims-drop-layoffs-fall-in-may/

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