[ad_1] Filings for unemployment benefits, a proxy for layoffs, increased by 17,000 last week but stayed relatively low, as the labor market remains strong and many laid-off workers are landing new jobs quickly. [ad_2] Source link Source link
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[ad_1] Initial jobless claims decreased slightly to a seasonally adjusted 217,000 last week—up from earlier this year but near their prepandemic 2019 average. [ad_2] Source link Source link
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[ad_1] Heading into third-quarter earnings reports, auto executives fielded questions about whether an uncertain economic picture was putting the brakes on demand for new cars. After a series of relatively upbeat results, the answer seems to be no. Or at least not yet. The macroeconomic picture is one that historically has chilled car sales and […]
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