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mahatmakanejeeves

(64,682 posts)
Thu Feb 8, 2024, 10:48 AM Feb 2024

Jobless claims fall to 218,000 and show layoffs still very low

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Jobless claims fall to 218,000 and show layoffs still very low

Last Updated: Feb. 8, 2024 at 9:40 a.m. ET
First Published: Feb. 8, 2024 at 8:31 a.m. ET
By Jeffry Bartash

There’s ‘not as much hiring, but not as much firing,’ Richmond Fed president says

The number of people applying for unemployment fell last week and remain extremely low. GETTY IMAGES

Story developing. Stay tuned for updates here.

The numbers: The number of Americans who applied for unemployment benefits in the first week of February fell by 9,000 to 218,000 and indicated that layoffs remain extremely low.

Initial jobless claims declined from a three-month high of 227,000 in the prior week.

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Jobless claims fall to 218,000 and show layoffs still very low (Original Post) mahatmakanejeeves Feb 2024 OP
The problem is people having trouble affording rent. The greed thing. mucifer Feb 2024 #1

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