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View More »Fewer Americans apply for jobless benefits last week
( ) -q-21- UNDATED (Correspondent Jeremy House) “previous week’s 230,000.”
The number of Americans applying for unemployment benefits fell last week.
[CutID: <Cuts> JOBLESS-CLAIMS-house-q-THUam.mp3
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Title: JOBLESS-CLAIMS-house-q-THUam
Out-cue: previous week’s 230-thousand]
TAG: Correspondent Jeremy House reporting. Jobless claims are seen as a proxy for layoffs. The four-week moving average of claims, which evens out some of the week-to-week volatility, fell by 3,000 to 227,250.
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VERBATIM: It’s a sign that the labor market remains strong even as the Federal Reserve continues to raise interest rates in an effort to cool the economy and slow inflation. The Labor Department says applications for jobless claims fell to 211,000 for the week ending December 10th. That’s down by 20,000 from the previous week’s 231,000.
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***MCCARTHY-MAYORKAS-
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McCarthy said at a press conference in El Paso, Texas, on Tuesday, “If Secretary Mayorkas does not resign, House Republicans will investigate, every order, every action and every failure will determine whether we can begin impeachment inquiry.”
McCarthy cited the Department of Homeland Security head’s statements to Congress that the border is under control, record border crossing numbers and his ending of the “Remain in Mexico” asylum policy instituted during the Trump administration as reasons for resignation.
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Bernie Bennett reporting.
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