Ticker: Unemployment applications at 7-month low; UAW: GM wage offer ‘insulting

Ticker: Unemployment applications at 7-month low; UAW: GM wage offer ‘insulting

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The number of Americans applying for unemployment benefits last week fell to the lowest level in seven months with the labor market seemingly resistant to the higher interest rates put in place to cool hiring. U.S. applications for jobless claims fell by 13,000 to 216,000 for the week ending Sept.…

#labordepartment #federalreserve #uaw #generalmotors #unitedautoworkers #stellantis #ford #shawnfain

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