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Jobless Claims Fell by 20,000 Last Week

U.S. unemployment filings declined last week to the lowest level since late September, a sign the labor market remains historically tight. Initial jobless claims, a proxy for layoffs, fell by 20,000 to a seasonally adjusted 211,000 last week, the Labor Department said Thursday. Claims are up from lows this spring, but remain at levels that suggest many employers are holding tight to workers. U.S. unemployment filings declined last week to the lowest level since late September, a sign the…

U.S. Jobless Claims Rise Slightly in Tight Labor Market

U.S. unemployment filings rose slightly last week, a sign the labor market remains tight despite layoffs at some companies and broader economic uncertainty. Initial jobless claims, a proxy for layoffs, rose by 4,000 to a seasonally adjusted 230,000 last week, the Labor Department said Thursday. That was near the 2019 weekly average of around 218,000 when the labor market was also robust. Continuing claims, which reflect the number of people seeking…

U.S. Jobless Claims Fell Last Week, Showing Solid Labor Market

Applications for U.S. unemployment benefits fell last week, consistent with a labor market that remains resilient despite signs of a broader economic slowdown. Initial jobless claims, a proxy for layoffs, decreased by 16,000 to a seasonally adjusted 225,000 last week, the Labor Department said Thursday. That was near the 2019 weekly average of around 218,000, when the labor market was also robust. The level of claims remains in line with job growth and low unemployment.…

Jobless Claims Rise But Remain Near Prepandemic Lows

Filings for U.S. unemployment benefits increased last week but stayed relatively low, the latest sign that the labor market remains on solid ground. Initial jobless claims, a proxy for layoffs, increased by 17,000 to a seasonally adjusted 240,000 last week, the Labor Department said Wednesday. That is close to the prepandemic 2019 weekly average of 218,400, during the similarly strong labor market that prevailed before the Covid-19 pandemic hit. The four-week moving average…

Jobless Claims Ticked Up But Remained Historically Low

U.S. worker filings for unemployment benefits rose last week but remained near historically low levels, in a sign many employers continue to hold on to their employees. Initial jobless claims, a proxy for layoffs, increased by 7,000 to a seasonally adjusted 225,000 last week, the Labor Department said Thursday. That is close to the prepandemic 2019 weekly average of 218,000, when the labor market was also strong. Claims remain low despite some recent corporate layoff and…

Jobless Claims Remain Low in Tight U.S. Labor Market

U.S. applications for unemployment benefits held nearly steady at a low level last week in the latest sign the labor market remains tight. Initial jobless claims, a proxy for layoffs, decreased slightly to a seasonally adjusted 217,000 last week from a revised 218,000 the week before, the Labor Department said Thursday. Claims are up from earlier this year but remain near their prepandemic 2019 average of 218,000, when the labor market also was robust.…

Jobless Claims Fell Last Week in Still-Tight Labor Market

U.S. worker filings for jobless benefits fell last week, a sign layoffs remain low in a tight labor market. Initial jobless claims, a proxy for layoffs, decreased to a seasonally adjusted 214,000 last week from 226,000 the week before, the Labor Department said Thursday. Claims are up from earlier this year but remain near their prepandemic 2019 weekly average of 218,000, when the labor market was also historically strong. The four-week moving…

GitHub’s CoPilot AI Can Render Coders Jobless in the Future: Reports

Enterprises fear that GitHub’s CoPilot AI might make coders jobless. GitHub’s CoPilot AI is an Artificial Intelligence tool that can suggest lines of code and even complete functions to the programmer to make it more efficient. But the notion that coders can be jobless is not true. It is important to understand the essential difficulty of developing software is not in programming a function or even all the functions automatically, but in determining which functions or classes should be created, in what order they…

Top 10 Programming Languages That Will Make You Jobless in 10 Years

Top 10 Programming Languages That Will Make You Jobless in 10 Years With the growing evolution of technology, the use of programming languages continues to evolve in both industrial and research aspects. Presently, there are a variety of programming languages, with distinct languages, syntaxes, and features that enable programmers and developers to advance the development of several advanced technological strategies and equipment. The swift growth of the internet and the nature of the technologies surrounding has…