Source: Reuters
“The number of Americans filing new claims for unemployment benefits was unchanged at a low level last week, pointing to continued labor market strength. Labor market resilience, which is driving the economy, together with elevated inflation have led financial markets and some economists to expect that the Federal Reserve could delay cutting interest rates until September. A few economists doubt that the U.S. central bank will lower borrowing costs this year.” (04/18/24)
https://www.reuters.com/world/us/us-weekly-jobless-claims-unchanged-low-levels-2024-04-18/