U.S. labor market starts to cool as weekly jobless claims rise, layoffs surge - Reuters
7/7/2022 12:00:00 AM3 years 7 months ago
The number of Americans filing new claims for unemployment benefits unexpectedly rose last week and there are growing signs that demand for labor is cooling, with layoffs surging to a 16-month high in June as the Federal Reserve's aggressive monetary policy t…
WASHINGTON, July 7 (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly rose last week and there are growing signs that demand for labor is cooling, with layof… [+5140 chars]
full article...