Jobless Claims: Will Layoffs Start To Take Hold?

Published: Dec. 8, 2022, 8:58 p.m.

b'Are labor conditions in the U.S. still showing strength? "Overall, the numbers for Jobless Claims were inline. However, there are pockets of shifting of the workforce for certain companies from a short-term perspective. There is also seasonality to consider. Will layoffs start to take hold, and if so, how would that impact the Federal Reserve\'s decisions?" Dan Deming asks. Deming also weighs in on the price action of crude oil.'