Rep. Ilhan Omar’s daughter, an activist, is jobless and selling secondhand clothes 15 months after being arrested at an anti-Israel protest in Columbia.
Isla Hirsi, the daughter of Rep. Ilhan Omar (D-Minn.), shared on Tuesday that she is currently jobless following her graduation from Barnard College. “Unemployment got me,” she posted alongside selfies on her Instagram Stories. The 22-year-old, who is known for her activism, seems to be selling some of her clothes to her 82,000+ followers on […]
Initial jobless claims in the US at 247K, higher than the anticipated 235K
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Australian Dollar remains steady as US Dollar increases before Initial Jobless Claims.
The Australian dollar remains stable despite a decrease in Australia’s trade surplus. China’s Caixin Services PMI rose to 51.1 in May, up from 50.7 in April. The US dollar is facing difficulties due to disappointing economic data released on Wednesday. The Australian dollar (AUD) held its ground against the US dollar (USD) on Thursday, staying […]
Jobless claims post largest gain in 5 months with DOGE firings set to boost numbers
The number of Americans filing new unemployment benefits applications rose the most in five months last week, but the underlying trend in claims was consistent with a steady slowdown in the labour market. It is likely that the growing expectations for the initial claim reported by the Labor Bureau on Thursday were the result of […]
Gold (XAU) Silver (XAG) Daily Forecast: Prelim GDP q/q and Jobless Claims Set Market Tone – FX Empire
Investors are currently keenly waiting for Friday's US Personal Consumption Expense (PCE) Price Index Report. This provides clues on inflation and affects the Federal Reserve's attitude towards interest rates. If the data shows cooling inflation, it could promote expectations for interest rate reductions and raise gold prices. Until then, gold could be traded within tough […]
The impending AI-driven jobless economy: Who will pay taxes?
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Australian Dollar holds ground ahead of US Jobless Claims – FXStreet
The Australian dollar received support following the release of China's Caixin Manufacturing PMI on Thursday. China's manufacturing production continued to expand in December, entering the growth region for the 14th consecutive month. The dollar index has recovered to multi-year highs due to the US Federal Reserve's hawkish policy shift. The Australian dollar (AUD) strengthened against […]
Jobless claims fall to lowest level in 8 months to end 2024
The number of new jobless claims fell to the lowest level since April last year, as the job market showed signs of strength amid a broader employment downturn. The number of new unemployment insurance claims filed in the week ending December 28 was 211,000, down 9,000 from the previous week's level. Economic forecasters had expected […]
Jobless claims fall to lowest level in a month
Unemployment claims fell to the lowest level in a month, showing signs of health in the U.S. labor market amid a broader employment slowdown. The number of first-time claims for the week ending Dec. 21 fell by 1,000 to 219,000, the Labor Department said Thursday. The average number of applications over the four-week period increased […]
Jobless claims surge by 33K to highest level in over a year
Last week, the number of Americans filing for unemployment benefits surged to the highest level in a year, but analysts say this is more due to Hurricane Helen and Boeing machinists than to a broader softening in the labor market. It is said that this is likely due to the impact of the strike. The […]