U.S. weekly jobless claims unexpectedly fall- Check out in detail
Initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted 190,000 for the week ended Jan. 14
Economists polled by Reuters had forecast 214,000 claims for the latest week.
Claims have remained at levels consistent with a tight labor market, even as layoffs have accelerated in the technology industry
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week
Initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted 190,000 for the week ended Jan. 14
Microsoft said on Wednesday it would eliminate 10,000 jobs, joining cloud-computing rival Amazon.com, which this month started notifying employees of its own 18,000-person job cuts.
Outside the technology industry, economists say companies are generally reluctant to send workers home after difficulties finding labor during the pandemic. T
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