labor market

Jobless Claims Inch Up To 196,000

The number of people applying for jobless benefits in the U.S. inched up last week, the fourth consecutive week in which new claims have come in below 200,000. The Labor Department said initial claims for state unemployment benefits rose to

Federal Reserve Board Chairman Jerome Powell speaks at a news conference after a Federal Open Market Committee meeting on September 18, 2019, in Washington, DC. (Olivier Douliery/Getty Images)