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Jobless claims climb higher to 230,000 as economy cools

Por: Fox Business Business December 08, 2022

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Mike Wilson, Morgan Stanley chief U.S. equity strategist and CIO, discusses the impact of the economy on markets and the Fed's handling of inflation. The number of Americans filing for ticked higher last week as high inflation and steep interest rates begin to cool the U.S. economy.  Figures released Thursday by the Labor Department show initial claims for the week ended Dec. 3 rose to 230,000 from the upwardly revised 226,000 recorded a... + full article



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