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PublishedApril 7, 2023
U.S. adds a healthy 236,000 jobs in March despite Fed’s rate hikes
Resilience in the labor market suggests that the Federal Reserve may see the need to keep raising interest rates in the coming months.
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PublishedApril 6, 2023
Applications for unemployment rising, but still at low levels
The Labor Department reported Thursday that the number of applications has exceeded 200,000 since early February – above previous estimates.
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PublishedApril 4, 2023
U.S. job openings slipped to 9.9 million in February
Vacancies were down from 10.6 million in January, the Labor Department says.
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PublishedMarch 30, 2023
More Americans file for jobless claims; layoffs remain low
U.S. applications for jobless benefits rose last week but remain at historically low levels despite the Federal Reserve’s efforts to cool the economy and job market in its fight against inflation.
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PublishedJanuary 12, 2023
U.S. applications for unemployment benefits lowest in 15 weeks
December’s jobs report suggests the labor market may be cooling in a way that could aid the Fed’s fight against high inflation.
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PublishedJanuary 6, 2023
U.S. hiring remains brisk as employers add 223,000 jobs
The number is further evidence that the economy remains healthy, yet also a sign that the Federal Reserve may still have to raise interest rates aggressively to slow growth and cool inflation.
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PublishedDecember 2, 2022
U.S. hiring remained strong in November as employers add 263,000 jobs
The strength of November's hiring gain will raise concerns that the Fed may now have to keep rates high even longer than many had assumed.
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PublishedDecember 1, 2022
Recurring U.S. jobless claims rise to highest since February
Although the gauge has been rising for the last two months, it’s still near historic lows. In Maine, the number of unemployment claims fell from the level in the preceding week.
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PublishedNovember 30, 2022
U.S. firms slow hiring; wage gains moderate
Businesses' payrolls rose 127,000 this month, the smallest gain since January 2021.
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PublishedOctober 21, 2022
Unemployment in Maine ticking back up after summer low
After falling from pandemic highs to a low of 2.8% in July, the jobless rate crept upward slightly in September.
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