US Job Market , Stays Strong as Applications for , Jobless Benefits Inch Lower.<br />ABC reports that slightly fewer people in the United States <br />applied for jobless claims last week, indicating that the <br />labor market remains resilient despite high interest rates.<br />ABC reports that slightly fewer people in the United States <br />applied for jobless claims last week, indicating that the <br />labor market remains resilient despite high interest rates.<br />On November 9, the Labor Department reported <br />that applications for unemployment benefits fell <br />to 217,000 the week ending November 4. .<br />On November 9, the Labor Department reported <br />that applications for unemployment benefits fell <br />to 217,000 the week ending November 4. .<br />Meanwhile, the four-week moving <br />average of claims inched higher <br />by 1,500 to reach 212,250. .<br />The week ending October 28, 1.83 million people were <br />collecting unemployment benefits, up 22,000 from <br />the week before and the highest number since April.<br />ABC reports that analysts suggest "continuing claims" <br />may be rising because those who are unemployed <br />may be having a harder time finding available jobs.<br />In September, consumer prices were up 3.7% <br />compared to the same time in 2022, but down from <br />a peak 9.1% that was reached in June of last year. .<br />In September, consumer prices were up 3.7% <br />compared to the same time in 2022, but down from <br />a peak 9.1% that was reached in June of last year. .<br />Last week, the Labor Department reported <br />that 9.6 million job openings had been <br />posted by employers in September. .<br />That figure is up from <br />9.5 million in August. .<br />That figure is up from <br />9.5 million in August. .<br />Over the same period of time, <br />layoffs fell from 1.7 million to 1.5 million. .<br />Over the same period of time, <br />layoffs fell from 1.7 million to 1.5 million. .<br />Hiring slowed in October, with U.S. private employers <br />adding just 150,000 jobs, while remaining strong<br />enough to suggest that the economy remains resilient.
