federalreserve

Stocks Climbing Back Up After Strong Jobs Report. What Happens If The Economy Grows Too Quickly?

Stocks Climbing Back Up After Strong Jobs Report. What Happens If The Economy Grows Too Quickly?

The Dow Jones Industrial Average (INDEXDJX: DJI) at one point climbed more than 300 points Friday morning following a surprise increase in the US Jobs Report. After a tumultuous pandemic year in which the unemployment rate ballooned to 14.8%, unempl..

U.S. Weekly Jobless Claims Increase Slightly

U.S. Weekly Jobless Claims Increase Slightly

The number of Americans filing for unemployment benefits rose slightly last week, but it still suggested that labor market is still strong.Initial claims for unemployment benefits increased by 3,000 to a seasonally adjusted 229,000 in the week ended..