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Job well done? Layoffs stay low even as Fed works to choke off inflation.

Por: MarketWatch Politics September 22, 2023

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“It is very difficult to understand,” said chief economist Eugenio Aleman of Raymond James. He’s not alone. Pretty much every economist on Wall Street is puzzled by the extremely low number of people applying for unemployment benefits each week. Read: Not that long ago, it appeared that jobless claims were on the rise. They increased from just under 200,000 in late January to as high as 265,000 in June amid a raft of widely reported... + full article



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