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Top related persons:
Dow Jones - 2 Jerome Powell - 1
Top related locs:
Wilmington , North Carolina US Castle Hayne , North Carolina U.S
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Labor Department - 2 Fear Community College - 1 United Auto Workers - 1 Philadelphia Fed - 1 CNBC - 1 Fear - 1 Business - 1 Fear Community - 1

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3 mentions found


☆ U.S. weekly jobless claims total 198,000, fewer than expected
  + stars: | 2023-10-19 | by ( Jeff Cox | ) www.cnbc.com   time to read: +2 min
Initial filings for unemployment benefits dipped last week, indicating that the U.S. labor market remains tight and a potential factor in persistent inflation. Weekly jobless claims totaled a seasonally adjusted 198,000 for the period ended Oct. 14, the Labor Department reported Thursday. The labor market has been a critical factor in the Federal Reserve's deliberations over monetary policy. The labor market thus far has shown few effects of the United Auto Workers strike as well as other labor unrest. This week's report covers the survey week the Labor Department uses for its nonfarm payrolls report.
Persons: Dow Jones, Jerome Powell Organizations: Fear Community College, Labor Department, United Auto Workers, Philadelphia Fed, CNBC Locations: Wilmington , North Carolina, US
☆ U.S. jobless claims increase slightly to 207,000 for the week
  + stars: | 2023-10-05 | by ( Jeff Cox | ) www.cnbc.com   time to read: +2 min
The U.S. labor market held strong as September came to a close, with weekly jobless claims holding around recent lows, the Labor Department reported Thursday. Continuing claims, which run a week behind, were little changed at 1.664 million, below the 1.68 million estimate from FactSet. Following the report, stock market futures added to losses while Treasury yields moved higher. Central bank officials worry that continued tightness in the labor market could exert upward pressure on inflation and necessitate additional interest rate hikes. Markets have been especially sensitive to moves higher in Treasury yields that could indicate the Fed will keep rates higher.
Persons: Dow Jones Organizations: Fear, Business, Fear Community, Labor Department, Dow, Federal Reserve, Treasury, Traders, ADP Locations: Castle Hayne , North Carolina, U.S
☆ Abortion Showdown in North Carolina May Hinge on a Single Vote
  + stars: | 2023-05-15 | by ( Kate Kelly | ) www.nytimes.com   time to read: +1 min
On Wednesday, flanked by supporters in a fifth-floor classroom at Cape Fear Community College in Wilmington, Mr. Cooper made a direct appeal to residents. North Carolina’s Republican-dominated legislature has passed a bill banning most abortions after 12 weeks. Mr. Cooper, a Democrat, vetoed the bill. But to prevent the legislature from using its razor-thin supermajority to override his veto, Mr. Cooper is asking voters to pressure Republican lawmakers. Convincing just one legislator will keep the state’s current abortion law — allowing it up to 20 weeks — in place.
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