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US jobless claims fall to 209,000 amid low lay-off rates

New jobless claims in the US decreased to 209,000 for the week ending May 16, falling below analyst expectations. This decline indicates a continued trend of low lay-offs, contributing to a stable but somewhat stagnant labor market. Despite a low unemployment rate of 4.3%, the market is characterized by a 'low-hire, low-fire' dynamic, making it challenging for those out of work to find new positions. AI

排序理由 Report on US jobless claims and labor market statistics. [lever_c_demoted from research: ic=1 ai=0.1]

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US jobless claims fall to 209,000 amid low lay-off rates

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  1. SCMP — Tech TIER_1 English(EN) · Associated Press ·

    US jobless claims fall as lay-offs remain low despite economic uncertainty

    Fewer Americans filed for jobless aid last week as lay-offs remain low despite a number of uncertainties that continue to cloud the economy. US applications for unemployment benefits for the week ending May 16 fell by 3,000 to 209,000, the Labour Department reported Thursday. Tha…