The number of Americans filing new applications for unemployment benefits fell last week, but sharp government spending cuts and an escalating trade war threaten labor market stability.
Read More US weekly jobless claims fall amid labor market stability
Job openings, a measure of labor demand, rose 232,000 to 7.740 million on the last day of January, the Labor Department’s Bureau of Labor Statistics said in its Job Openings and Labor Turnover Survey.
Read More US job openings increase in January; layoffs decline
Voters put President Trump in office to, in part, cut government waste and drain the swamp, and today’s jobs report may be reflecting that.
Read More Jobs Report Reflects Swamp Drain, Tariff Debate Heats Up
President Joe Biden has addressed the nation and delivered his farewell address from the Oval Office.
Read More Biden Delivered Farewell Address To The Nation, Warns Of ‘Oligarchy’
The U.S. economy added 256,000 jobs in December, surpassing expectations and keeping the unemployment rate steady at 4.1%.
Read More U.S. Economy Adds 256K Jobs In December, Unemployment Holds At 4.1%, But Market Reacts To Fed Concerns
The number of Americans filing new applications for unemployment benefits fell to an 11-month low last week, pointing to a stable labor market.
Read More US weekly jobless claims fall to 11-month low as labor market remains stable