Jobless claims rise slightly to 230K as employment market continues to cool

The number of Americans filing initial claims for unemployment benefits rose slightly to 230,000 last week, in line with economists' expectations as the U.S. job market continues to cool. According to Labor Department data, unemployment claims for the week ending Sept. 7 increased by 2,000 from 228,000 the previous week. Economists polled by Reuters had […]

Full-Time Jobs Fall Yet Again as Total Employment Flattens

According to the most recent report from the federal government’s Bureau of Labor Statistics, the US economy added 206,000 jobs during June while the unemployment rate rose slightly to 4.1 percent. Unlike most months over the past year—which repeatedly described the employment situation as “strong” and “a blowout”—the general media narrative for the June jobs report […]