18 Days
Source:
الاقتصادية
US labor market improves on employment data
The US labor market recorded notable stability, with an unexpected decline in unemployment benefit claims, which fell to their lowest level since mid-July at 196,000 for the week ending September 12. This came despite seasonal fluctuations related to Labor Day. The data reflect a stable job market, now seen as a sign of strength, with the unemployment rate continuing to decline to 4.1% and 162,000 jobs being added in August. However, rising mortgage rates, which have reached 6.95%, are putting pressure on the housing market, despite a 5.2% increase in housing starts. Reports also indicate inflationary pressures and rising interest rates, which are affecting real estate investments and the future of the housing market in the United States.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)