The number of Americans filing new applications for unemployment benefits fell to a seven-month low last week, suggesting layoffs remained low, though the labor market is struggling to generate enough jobs for those out of work amid economic uncertainty.

The Dow, S&P and NASDAQ finished the week on a winning streak with modest gains, based on Fed cut confidence. The S&P, which flirted with a record high, edged up 13.28 to 6,870.40, the Dow was up 104.05 to 47,954.99 and NASDAQ was up 72.992 points to 23,578.128.

The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant disrupted the job market. Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid ...

The number of Americans filing new applications for unemployment benefits fell last week, but more out of work people are struggling to find new opportunities amid weak hiring. Initial claims for state unemployment benefits dropped 8,

The number of people who applied for unemployment benefits around the Thanksgiving holiday fell to a more than three-year low, reinforcing the view that businesses are mostly avoiding layoffs even as they freeze hiring.