U.S. Jobless Claims Rise But Remain Near A Half-Century Low

The video discusses the recent jobless claims report, highlighting an increase to 185,000 claims, which is slightly higher than expected. Laurie Bettinger provides insights into the labor market's health, noting a strong job market despite the uptick in claims. The discussion covers labor shortages, the Great Resignation, and the impact of inflation on wages and prices. Employers are facing challenges in hiring, leading to increased wages and potential price hikes for consumers.

What was the number of jobless claims filed in the past week?

How does the current level of jobless claims compare to the lowest level in 54 years?

In what ways are employers trying to attract and retain employees?

What factors are contributing to the mismatch between job openings and available workers?

What impact does inflation have on wages and employment in the current labor market?