US applications for jobless benefits fall again as labor market continues to defy the Fed actions


The number of Americans applying for jobless benefits fell again last week as the labor market continues defy the Federal Reserve’s attempt to cool it by raising interest rates. US applications for jobless claims fell by 12,000 to 237,000 for the week ending July 8, from 249,000 previous week, the Labor Department reported Thursday.

Leave a Reply

Your email address will not be published. Required fields are marked *