NEW YORK (AP) — Stock futures were mixed Thursday after the government reported an increase in the number of first-time claims for unemployment benefits last week.
The figure was inflated by striking employees at Verizon. That strike ended earlier this week. Excluding Verizon's labor standoff, layoffs probably fell and that could ease anxiety over the potential of another recession.
The Labor Department said applications for benefits rose to 417,000 last week, the highest level in five weeks.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
