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Initial filings for unemployment benefits were roughly flat last week, reflecting a labor market that is cooling but not rapidly deteriorating as the employment outlook remains in focus ahead of Federal Reserve Chair Jerome Powell's Friday speech in Jackson Hole, Wyo.
New data from the Department of Labor released Thursday showed 232,000 initial jobless claims filed in the week ending Aug. 17, up from 228,000 the week prior and in line with economists' expectations.
Continuing jobless claims r...
>>> Read more: Labor market weakness shows signs of 'leveling off,' keeps Fed on track to cut rates in September
New data from the Department of Labor released Thursday showed 232,000 initial jobless claims filed in the week ending Aug. 17, up from 228,000 the week prior and in line with economists' expectations.
Continuing jobless claims r...
>>> Read more: Labor market weakness shows signs of 'leveling off,' keeps Fed on track to cut rates in September
