Fewer Americans apply for jobless benefits as labor market keeps humming along

https://abcnews.go.com/Business/wireStory/fewer-americans-apply-jobless-benefits-labor-market-humming-102528146

Applications for unemployment benefits fell again last week as America’s labor market continues to hum along despite attempts by the Federal Reserve to cool the economy and bring down inflation that’s still higher than optimal

9 points · 2 comments · view on lemmy.world

2 Comments

Aesthesiaphilia@kbin.social · 5 pts · 3y

To me the funniest part of all this is tech workers screaming that the sky is falling. Really shows what a bubble tech is.

rikonium@discuss.tchncs.de · 2 pts · 3y

Article says the four week average is still up so not sure how newsworthy a single week drop is.