While the U.S. labour market remains historically healthy, recent data suggest some weakening
Total number of Americans collecting unemployment benefits declined for the first time in 10 weeks
Continuing claims rise for ninth straight week
The four-week average of claims, which softens some of the week-to-week volatility, rose to 227,000
Jobless claims for the week ending May 25 rose by 3,000 to 219,000, up from 216,000 the week before
U.S. employers added 303,000 jobs last month, an example of the U.S. economy’s resilience
Anxiety over the possibility of an economic recession continued to fade
The Conference Board's consumer confidence index rose to 102 from 99.1 in October
Geopolitical conflicts and inflation remain at the forefront of American consumers' minds
Labour market continues to show strength in the face of elevated interest rates