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Jobless claims dip to 217,000. Layoffs stay low.

Por: MarketWatch Politics November 09, 2023

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Claims still show a very low number of job losses and indicate the economy is stable, but businesses are hiring less and the labor market appears to have cooled off a bit. One complication is the UAW auto strike. It may have inflated claims lately. Economists had forecast new claims in the week ending Nov. 4 to total 220,000. Key details: New jobless claims rose in 34 of the 53 states and territories that report these figures to the federal... + full article



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