Initial unemployment claims decreased last week, indicating a stable labor market. Job growth slowed in June, but economists see no major shift. Continuing claims rose, reflecting seasonal school holiday adjustments. Federal Reserve officials noted inflation concerns and stable labor conditions. Policymakers anticipate a potential interest rate hike later this year.

The number of Americans filing for unemployment benefits dipped slightly last week as layoffs in the U.S. remain historically low.

The number of Americans filing for unemployment benefits dipped slightly last week as layoffs in the U.S. remain historically low

Initial unemployment claims decreased last week, indicating a stable labor market. Job growth slowed in June, but economists see no major shift. Continuing claims rose, reflecting…

US stocks rallied after jobless claims fell to 215,000, beating forecasts. The Dow hit a record 52,900.07. Here is what the labor data means for markets.

Fresh unemployment claims in the United States fell unexpectedly last week, suggesting employers continue to hold on to workers even as hiring momentum weakens and economic…