US unemployment claims drop by 24,000 to 209,000, another sign of labor market resiliency
The number of Americans applying for unemployment benefits fell sharply last week, a sign that U.S. job market remains resilient despite higher interest rates. The Labor Department reported Wednesday that jobless claims were dropped by 24,000 to 209,000. The four-week moving average of claims,…
#labordepartment #federalreserve