Fewer Americans filed for unemployment benefits last week despite weakening elements of the U.S. economy. [CutID: <Cuts> JOBLESS-CLAIMS-house-q-THUam.mp3 Time: 25s Title: JOBLESS-CLAIMS-house-q-THUam Out-cue: weak economic growth] TAG: Correspondent Jeremy House reporting. First-time applications generally reflect layoffs and are often seen as an early indicator of where the job market is headed. ——————————- VERBATIM: The Labor […]
Audio
JOBLESS-CLAIMS-house-q-THUam
Fewer Americans filed for unemployment benefits last week despite weakening elements of the U.S. economy.
[CutID: <Cuts> JOBLESS-CLAIMS-house-q-THUam.mp3
Time: 25s
Title: JOBLESS-CLAIMS-house-q-THUam
Out-cue: weak economic growth]
TAG: Correspondent Jeremy House reporting. First-time applications generally reflect layoffs and are often seen as an early indicator of where the job market is headed.
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VERBATIM: The Labor Department says applications for jobless aid for the week ending August 27 fell by 5,000 to 232,000. The four-week average for claims, which evens out some of the week-to-week volatility, decreased by 4,000 to 241,500. Hiring in the U.S. in 2022 has been strong even as the country faces rising interest rates and weak economic growth.