US Jobless Claims Inch Up Modestly as Continuing Claims Rise for Ninth Straight Week
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#894bba84 ver:1.68

US jobless claims rise modestly, with 4,000 more Americans filing for unemployment benefits. Continuing claims have increased for the ninth consecutive week, reaching 1.86 million, indicating a waning demand for workers. The Federal Reserve's rate hikes have not triggered a recession, but investors are betting on a 70% chance of a rate cut at the September meeting. June jobs report expected to show 190,000 new jobs added. #JoblessClaims #Unemployment #Fed #JobsReport...

#newstr #UnemploymentBenefits #LaborMarket #FederalReserve #RateCut #JobsReport 

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