Low Number of US Jobless Claims Indicates Improving Labor Market
Published on September 28, 2023, at 22:01
[Photo provided by AP]
NEW YORK – The United States labor market appears to be in good shape as the number of new jobless claims remains at a low level.
The US Department of Labor revealed on September 28th that there were 204,000 new unemployment claims filed during the week of September 17th to 23rd, increasing by 2,000 compared to the previous week.
Although the number slightly rose from the previous week, it fell below the forecast of 214,000 made by experts at the Wall Street Journal (WSJ).
This decrease in new jobless claims suggests that unemployment rates are not increasing amidst continued economic growth in the US.
The number of new jobless claims has seen a steady rise this year due to cutbacks in hiring from the financial and technology sectors. However, since July, it has been on a downward trend.
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2023/09/28 22:01 Sent
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A job ad posted at a delivery company in the United States
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(New York = Yonhap News) Reporter Lee Ji-heon = The number of new jobless claims, which can measure the state of the US labor market, remains at a low level.
According to the announcement of the US Department of Labor on the 28th (local time), the number of new unemployment claims filed last week (September 17 to 23) was 204,000, an increase of 2,000 from the previous week.
It increased slightly from the previous week, but fell below the expert forecast (214,000) drawn up by the Wall Street Journal (WSJ).
The drop in new jobless claims suggests that the number of unemployed people is not increasing as the US economy continues to grow.
The number of new jobless claims has continued to rise this year as companies in the financial and technology sectors cut back on hiring, but has been on a downward trend since July.
pan@yna.co.kr
Report via KakaoTalk okjebo
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2023/09/28 22:01 Sent
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