The latest economic data delivered a surprisingly strong snapshot of the U.S. labor market. Initial jobless claims dropped to 191,000—down 27,000 from last week and the lowest level since 2022, according to the Department of Labor. To help break down what these trends mean for the economy and whether the Federal Reserve might consider rate cuts next, Alicia Summers spoke with Ed Siddell, CEO and Chief Investment Advisor at EGSI Financial. Watch OAN Live here: https://live.oann.com/home.ktv?utm_s
1:48
The latest economic data delivered a surprisingly strong snapshot of the U…
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FacebookOne America News Network
The latest economic data delivered a surprisingly strong snapshot of the U.S. labor market. Initial jobless claims dropped to 191,000—down 27,000 from last week and the lowest level since 2022, according to the Department of Labor. To help break down what these trends mean for the economy and whether the Federal Reserve might consider rate cuts next, Alicia Summers spoke with Ed Siddell, CEO and Chief Investment Advisor at EGSI Financial. Watch OAN Live here: https://live.oann.com/home.ktv?utm_s
4:50
The latest economic data delivered a surprisingly strong snapshot of the U…
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FacebookOne America News Network
Initial US jobless claims fell to 191,000 last week, the lowest since 2022 and well below forecasts, tempering fears of labor market weakness and giving the Fed less urgency to cut rates when it meets next week https://reut.rs/448avID | Reuters
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