Us Weekly Jobless Claims Drop More Than Expected
Economic Times
US unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a rise in continuing claims suggests employers are cautious...
US unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a rise in continuing claims suggests employers are cautious about hiring, potentially impacting job seekers, especially recent graduates facing competition from AI. The median unemployment duration has also lengthened, indicating a tougher job search for many.
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