Sign of market crash ? Inflati

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2023-05-18

Sign of market crash ? Inflation control is still far from 2%? Or soft landing ?

U.S. Weekly Jobless Claims Fall More Than Expected

WASHINGTON, May 18 (Reuters) - The number of Americans filing new claims for jobless benefits fell m

U.S. Weekly Jobless Claims Fall More Than Expected

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Or soft landing ?","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9970653256","repostId":1197788776,"repostType":2,"repost":{"id":"1197788776","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1684413138,"share":"https://www.laohu8.com/m/news/1197788776?lang=&edition=full","pubTime":"2023-05-18 20:32","market":"us","language":"en","title":"U.S. Weekly Jobless Claims Fall More Than Expected","url":"https://stock-news.laohu8.com/highlight/detail?id=1197788776","media":"Reuters","summary":"WASHINGTON, May 18 (Reuters) - The number of Americans filing new claims for jobless benefits fell m","content":"<html><head></head><body><p style=\"text-align: start;\">WASHINGTON, May 18 (Reuters) - The number of Americans filing new claims for jobless benefits fell more than expected last week, with filings in Massachusetts decreasing sharply, suggesting the labor market remains tight.</p><p style=\"text-align: start;\">Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 242,000 for the week ended May 13, the Labor Department said on Thursday. Claims jumped to 264,000 in the prior week, driven by a surge in filings for unemployment insurance in Massachusetts.</p><p>The state&#39;s Department of Unemployment Assistance said it was &#34;experiencing an increase in fraudulent claim activities where people attempt to gain access to active UI accounts or file new UI claims using stolen personal information so they can fraudulently obtain unemployment benefits.&#34;</p><p style=\"text-align: start;\">Economists polled by Reuters had forecast 254,000 for the latest week. Unadjusted claims for Massachusetts fell 14,042 last week.</p><p style=\"text-align: start;\">The labor market is being closely watched for signs of stress from the Federal Reserve&#39;s fastest interest rate-hiking campaign since the 1980s to tame inflation.</p><p>Though it has shown some signs of cooling, the labor market has remained tight, with 1.6 job openings for every unemployed person in March, well above the 1.0-1.2 range that is consistent with a jobs market that is not generating too much inflation.</p><p style=\"text-align: start;\">The claims report covered the period during which the government surveyed business establishments for the nonfarm payrolls portion of May&#39;s employment report.</p><p style=\"text-align: start;\">Claims were little changed between the April and May survey weeks. The economy created 253,000 jobs in April, with the unemployment rate falling back to a 53-year low of 3.4%.</p><p style=\"text-align: start;\">The number of people receiving benefits after an initial week of aid, a proxy for hiring, fell 8,000 to 1.799 million during the week ending May 6, the claims report showed. The so-called continuing claims remain low by historical standards, but it could be taking longer for some unemployed to find new work.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Weekly Jobless Claims Fall More Than Expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Weekly Jobless Claims Fall More Than Expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-18 20:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">WASHINGTON, May 18 (Reuters) - The number of Americans filing new claims for jobless benefits fell more than expected last week, with filings in Massachusetts decreasing sharply, suggesting the labor market remains tight.</p><p style=\"text-align: start;\">Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 242,000 for the week ended May 13, the Labor Department said on Thursday. Claims jumped to 264,000 in the prior week, driven by a surge in filings for unemployment insurance in Massachusetts.</p><p>The state&#39;s Department of Unemployment Assistance said it was &#34;experiencing an increase in fraudulent claim activities where people attempt to gain access to active UI accounts or file new UI claims using stolen personal information so they can fraudulently obtain unemployment benefits.&#34;</p><p style=\"text-align: start;\">Economists polled by Reuters had forecast 254,000 for the latest week. Unadjusted claims for Massachusetts fell 14,042 last week.</p><p style=\"text-align: start;\">The labor market is being closely watched for signs of stress from the Federal Reserve&#39;s fastest interest rate-hiking campaign since the 1980s to tame inflation.</p><p>Though it has shown some signs of cooling, the labor market has remained tight, with 1.6 job openings for every unemployed person in March, well above the 1.0-1.2 range that is consistent with a jobs market that is not generating too much inflation.</p><p style=\"text-align: start;\">The claims report covered the period during which the government surveyed business establishments for the nonfarm payrolls portion of May&#39;s employment report.</p><p style=\"text-align: start;\">Claims were little changed between the April and May survey weeks. The economy created 253,000 jobs in April, with the unemployment rate falling back to a 53-year low of 3.4%.</p><p style=\"text-align: start;\">The number of people receiving benefits after an initial week of aid, a proxy for hiring, fell 8,000 to 1.799 million during the week ending May 6, the claims report showed. The so-called continuing claims remain low by historical standards, but it could be taking longer for some unemployed to find new work.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197788776","content_text":"WASHINGTON, May 18 (Reuters) - The number of Americans filing new claims for jobless benefits fell more than expected last week, with filings in Massachusetts decreasing sharply, suggesting the labor market remains tight.Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 242,000 for the week ended May 13, the Labor Department said on Thursday. Claims jumped to 264,000 in the prior week, driven by a surge in filings for unemployment insurance in Massachusetts.The state's Department of Unemployment Assistance said it was \"experiencing an increase in fraudulent claim activities where people attempt to gain access to active UI accounts or file new UI claims using stolen personal information so they can fraudulently obtain unemployment benefits.\"Economists polled by Reuters had forecast 254,000 for the latest week. Unadjusted claims for Massachusetts fell 14,042 last week.The labor market is being closely watched for signs of stress from the Federal Reserve's fastest interest rate-hiking campaign since the 1980s to tame inflation.Though it has shown some signs of cooling, the labor market has remained tight, with 1.6 job openings for every unemployed person in March, well above the 1.0-1.2 range that is consistent with a jobs market that is not generating too much inflation.The claims report covered the period during which the government surveyed business establishments for the nonfarm payrolls portion of May's employment report.Claims were little changed between the April and May survey weeks. The economy created 253,000 jobs in April, with the unemployment rate falling back to a 53-year low of 3.4%.The number of people receiving benefits after an initial week of aid, a proxy for hiring, fell 8,000 to 1.799 million during the week ending May 6, the claims report showed. 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