Tag: Unemployment rate

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US Jobless Claims Drop to 7-Month Low

The number of Americans applying for jobless benefits has decreased, reaching a seven-month low. According to the Labor Department, jobless claims fell by 2,000 to 213,000 for the week of Nov. 23. However, continuing...
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Impacts of GDP and Storm-Impacted Jobs on Fed Policy Meeting: What to Expect

A week before Federal Reserve officials gather to reflect on the appropriate tempo of interest-rates cuts, three high-profile reports are set to show underlying resilience in the US economy and a temporary hiccup in...
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Nonfarm Payroll Growth Revised Down by 818,000: Labor Department Update

The U.S. economy is facing a significant revision in its nonfarm payroll growth numbers, with the Labor Department reporting that 818,000 fewer jobs were created than originally reported in the 12-month period through March...

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How AI is Revolutionizing Financial Services

FintechZoom.io has been at the forefront of analyzing how Artificial Intelligence (AI) is transforming financial services. From automating operations to enhancing risk management and...

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