Applications for unemployment benefits rose last week from a four-month low, suggesting that employers are still avoiding layoffs in the historically tight labor market.
Mainstay Capital Management founder and CEO David Kudla discusses his expectations for the July employment report and weighs in on markets on 'Mornings with Maria.'rose slightly last week but remained near a four-month low, a sign the labor market remains healthy despite an increasingly dark economic outlook.
Continuing claims, or the number of Americans who are consecutively receiving unemployment aid, fell to 1.37 million, down by 22,000 from the previous week's revised level. One year ago, nearly 11.25 million Americans were collecting unemployment benefits.A man hands his résumé to an employer at the 25th annual Central Florida Employment Council Job Fair at the Central Florida Fairgrounds.
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