US weekly unemployment claims increase marginally to 223,000: Labour dept

Quick Summary:

No rate cut is expected at the Fed's policy meeting next week.

Mass deportations and restrictions to legal immigration could hamper the labor market, economists said.

Economists polled by Reuters had forecast 220,000 claims for the latest week.

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Article Details

Category: BusinessFinance

Markets: India

Topics: US economy US jobless claims US jobs prospects US unemployment claims

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-23 @ 22:02:57 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 434 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25374502

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 330 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

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Publisher ID: #49

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