Month: June 2022

U.S. labor market remains tight; business activity slowing

  • Weekly jobless statements drop 2,000 to 229,000
  • Continuing claims boost 5,000 to 1.315 million
  • Company action slows in June new orders plummet

WASHINGTON, June 23 (Reuters) – The selection of People submitting new promises for unemployment benefits edged down previous 7 days as labor market place situations remained restricted, though a slowdown is emerging amid significant inflation and mounting fascination costs.

Even with the second straight weekly drop documented by the Labor Office on Thursday, claims are hovering near a five-thirty day period substantial. There have been work cuts in sectors like technology and housing amid fears of a recession as the Federal Reserve aggressively tightens monetary coverage to quell cost pressures.

“The labor market’s most effective times are powering it,” reported Christopher Rupkey, main economist at FWDBONDS in New York.

Register now for Free of charge unlimited entry to Reuters.com

Sign up

Original claims for point out unemployment added

How to Measure Social Media Results

If you are like most entrepreneurs, you are adopting social media as an significantly integral component of your articles method. Past calendar year, just about 92% of marketers functioning at companies with 100-moreover workforce mentioned working with social media for marketing functions was a regular portion of their roles in 2013, that figure was just 86%.