📰 US weekly jobless claims fall as layoffs decline, but hiring remains weak
Source : Invezz
description: New applications for US unemployment benefits declined last week, while planned layoffs also fell in September, pointing to continued stability in the labor market despite mounting economic pressures. Initial claims for state unemployment benefits dropped by 1,000 to a seasonally adjusted 197,000 in the week ended September 26, the Labor Department said Thursday. Economists polled by Reuters had expected claims to come in at 200,000. Claims remain close to 57-year lows, suggesting companies are still reluctant to cut workers even as higher energy costs and geopolitical uncertainty weigh on businesses. Economists said resilient domestic demand and solid corporate profit growth were helping shield workers from a broader wave of layoffs. September layoffs decline A separate report from outplacement firm Challenger,…
Time : 2026-10-01 14:03:39
Credit : vatsala gaur
Link : https://invezz.com/news/2026/10/01/us-weekly-jobless-claims-fall-as-layoffs-decline-but-hiring-remains-weak/
#economic
$PEOPLE $ROSE
Source : Invezz
description: New applications for US unemployment benefits declined last week, while planned layoffs also fell in September, pointing to continued stability in the labor market despite mounting economic pressures. Initial claims for state unemployment benefits dropped by 1,000 to a seasonally adjusted 197,000 in the week ended September 26, the Labor Department said Thursday. Economists polled by Reuters had expected claims to come in at 200,000. Claims remain close to 57-year lows, suggesting companies are still reluctant to cut workers even as higher energy costs and geopolitical uncertainty weigh on businesses. Economists said resilient domestic demand and solid corporate profit growth were helping shield workers from a broader wave of layoffs. September layoffs decline A separate report from outplacement firm Challenger,…
Time : 2026-10-01 14:03:39
Credit : vatsala gaur
Link : https://invezz.com/news/2026/10/01/us-weekly-jobless-claims-fall-as-layoffs-decline-but-hiring-remains-weak/
#economic
$PEOPLE $ROSE