BREAKING NEWS: US Weekly Jobless Claims: 201K

The weekly claims are consistent with an overall low level of job-cutting.

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You’re just getting started. Access compliance alerts, tools and more. JOIN NOW       US Weekly Jobless Claims: 201K   States reported that 201,000 workers filed for new unemployment benefits during the week ending Feb. 17, a decrease of 12,000 from the previous week's revised level. The weekly claims are consistent with an overall low level of job-cutting, despite recent high-profile layoff announcements, as the unemployment rate has remained under 4 percent over the past two years—the longest such streak since the 1960s. About 1.86 million workers continue to claim unemployment benefits. The unemployment claims data supports the contention that employers are cutting back on hiring but not laying off workers. The labor market has showed remarkable resilience despite attempts by the Federal Reserve to slow the economy through a series of interest rate hikes last year.   READ MORE   Advertisement     [Free Templates] Offboard Easier with Termination Letters Avoid the dreaded blank page and make sure affected employees get the support they deserve with our free, easy-to-use templates. Whether you're announcing layoffs or bringing a performance improvement plan to an unfortunate end, these templates will help you make a sincere connection and start the offboarding process on the right foot. Download Now       Connect with us on social!              1800 Duke Street, Alexandria, Virginia 22314 USA Contact Us | shrm.org This email was sent to manojdole1.Architectural@blogger.com. This email may contain advertisements. Unsubscribe or Change Email Preferences | Terms of Use | Privacy Policy © 2024 SHRM. All rights reserved.