US weekly jobless claims fall slightly

Unemployment Rate News

US weekly jobless claims fall slightly
Labor DepartmentUnemployment BenefitsInitial Claims
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The number of Americans filing new applications for jobless benefits slipped last week, but re-employment opportunities for laid-off workers are becoming...

WASHINGTON - The number of Americans filing new applications for jobless benefits slipped last week, but re-employment opportunities for laid-off workers are becoming more scarce, a sign that the unemployment rate probably remained elevated in August.

The Labor Department's Bureau of Labor Statistics last week estimated that employment growth was overstated by 68,000 jobs per month in the 12 months through March. But most economists viewed this so-called benchmark revision estimate as misleading. The labor market slowdown, characterized by a big step-down in hiring, has caught the attention of Federal Reserve officials. Fed Chair Jerome Powell last Friday signaled interest rate cuts were imminent in a nod to concerns over the jobs market.

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LOS ANGELES, Aug. 29, 2024 -- With Blood Cancer Awareness Month coming up this September, the International Myeloma Foundation is reviving and amplifying its highly successful #kNOwMyeloma campaign, centering on the question: "Do You Know Myeloma?" The U.S. Congress designated September as Blood Cancer Awareness Month in 2010 to create awareness, increase fundraising, and support patients affected by all types of blood cancers.

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