Salem Radio Network News Sunday, June 4, 2023


Jobless claims fall again with labor market churning along


( ) -q-30- UNDATED (Correspondent Jeremy House) “a looming recession.”

Applications for unemployment benefits in the U.S. fell last week as the labor market continues to show strength despite some weakness in other parts of the economy.

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Out-cue: a looming recession]

TAG: Correspondent Jeremy House reporting.

VERBATIM: The Labor Department says the number of Americans filing for jobless claims for the week ending April 22 fell by 16,000 to 230,000. The four-week moving average of claims, which flattens some of the week-to-week volatility, fell by 6,000 to 236,000. The weekly claims numbers continue to show that American workers are experiencing unusual job security despite rising interest rates, economic uncertainty and fears of a looming recession.

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