The number of Americans filing new applications for jobless benefits declined last week as layoffs remained low, which could help to allay fears that the...
FILE PHOTO: Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City
Claims had been bouncing around the 230,000 level since pulling back from an 11-month high in late July as seasonal distortions from the automobile industry and Hurricane Beryl faded. They continue to show no signs of labor market deterioration even as job openings dropped to a 3-1/2-year low in July.
Economists, however, believe the U.S. central bank will kick off its easing cycle with a quarter-percentage-point rate reduction because domestic demand remains solid. The claims data has no bearing on the employment report for August, which is scheduled to be released on Friday, as it falls outside the survey period.
Intoxicating ocean views and cascading sunshine at a seaside villa welcome audiences into Durga Chew-Bose’s feature directorial debut, “Bonjour Tristesse.” The beauty creates a too-good-to-be-true environment — the perfect setting for summer romance, youthful exploration and, also, somehow, something dark and unnerving. “Bonjour Tristesse” premieres Sept.
Labor Market Initial Claims Labor Department Jobless Benefits
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