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PublishedDecember 28, 2023
U.S. applications for jobless benefits rise, but labor market remains solid
Overall, 1.88 million Americans were collecting jobless benefits during the week that ended Dec. 16 – an increase of 14,000 from the previous week.
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PublishedDecember 15, 2023
Congressional Budget Office projects lower inflation, higher unemployment over next 2 years
The office's Current View of the Economy from 2023 to 2025 report estimates that the unemployment rate will rise to 4.4% by the end of 2024.
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PublishedDecember 8, 2023
Employers add 199,000 jobs; unemployment falls, signaling sturdy labor market
The November job gain was a reminder that many employers continue to hire.
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PublishedDecember 5, 2023
U.S. job openings fall to lowest level since March 2021 as labor market cools
U.S. employers posted 8.7 million job openings in October, in a sign that hiring is cooling in the face of higher interest rates yet remains at a still-healthy pace.
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PublishedNovember 17, 2023
Maine could end 2023 with the lowest annual unemployment rate in its history
Many economic challenges remain, however, including a statewide housing crisis, increased homelessness, inflation, higher costs of living and an ongoing workforce shortage.
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PublishedOctober 6, 2023
U.S. employers added a surprisingly strong 336,000 jobs in September
It's an unexpectedly strong gain that suggests many companies remain confident enough to keep hiring despite high interest rates and a hazy outlook for the economy.
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PublishedSeptember 7, 2023
Applications for unemployment benefits fall to lowest level in 7 months
Recent government data also showed that job openings dropped to 8.8 million in July, the fewest since March 2021 and down from 9.2 million in June.
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PublishedAugust 18, 2023
Maine’s jobless rate sits at record low for fourth month
The question is now whether that low streak will stay steady.
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PublishedAugust 10, 2023
Number of Americans applying for jobless aid rises, but not enough to cause concern
U.S. applications for unemployment benefits rose by 21,000 to 248,000 for the week ending August 5, from 227,000 the week before, the Labor Department reported Thursday.
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PublishedAugust 4, 2023
U.S. wage growth, lower unemployment underpin solid jobs market
Still-healthy job and income gains point to an economy capable of weathering a period of rapid interest-rate increases aimed at thwarting high inflation. That’s also contributing to renewed confidence among consumers.
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