Government Report, U.s. Labor Market | featured news

Jobless claims rise but labor market healing

New claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, but the underlying trend continued to point to improving labor market conditions.

Senh: Bad news, good news. I think overall, it's good news to know that the labor market is healing, despite an uptick in jobless claims.

 

Job openings, rate little changed in May

There was little turnover in the U.S. labor market in May, and the number of available jobs at the end of the month was virtually unchanged from April, government data showed on Tuesday.

 

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