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The number of Americans filing for unemployment benefits edged up last week, but the total remained below this year’s high amid a steady job market.
For the week ending April 18, initial jobless claims rose by 6,000 to 214,000, according to Department of Labor data released on April 23. This is up from the previous week’s upwardly revised 208,000 and slightly more than the 210,000 new applications analysts surveyed by the data firm FactSet were expecting.
Despite all the noise traversing through the U.S. and global economies—high gasoline prices, war in Iran, and growth risks—the national labor market has been a source of stability….
For the week ending April 18, initial jobless claims rose by 6,000 to 214,000, according to Department of Labor data released on April 23. This is up from the previous week’s upwardly revised 208,000 and slightly more than the 210,000 new applications analysts surveyed by the data firm FactSet were expecting.
Despite all the noise traversing through the U.S. and global economies—high gasoline prices, war in Iran, and growth risks—the national labor market has been a source of stability….
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