After trending lower over the past few sessions, stocks saw continued weakness during light New Year's Eve trading on Wednesday. The major averages all showed notable moves to the downside over the course of the session.The major averages ended the day just off their lows of the session. The Dow fell 303.77 points or 0.6 percent to 48,063.29, the Nasdaq slid 177.09 points or 0.8 percent to 23,241.99 and the S&P 500 declined 50.74 points or 0.7 percent to 6,845.50. The extended pullback on Wall Street came ...

The number of people who applied for unemployment benefits after Thanksgiving jumped to a three-month high, but the increase was exaggerated by the holiday and there's little evidence of rapidly rising U.S. layoffs. ...

HIGHER. DESPITE SOME AUCTIONS OVERNIGHT THAT DID BETTER INTERNATIONALLY. RIGHT NOW WE ARE GETTING INITIAL JOBLESS CLAIMS, WHICH IS THE KEY DATA WE GET AFTER WE GET THE CHALLENGER, AND THEY COME IN LESS THAN EXPECTED.THEY WERE EXPECTED TO COME IN AT 220 THOUSAND. THEY CAME IN AT 190,000. IT WAS DOWN FROM WHAT WE SAW LAST WEEK.WHICH WAS 216,000. THE PEOPLE WHO ACTUALLY WERE RECEIVING UNEMPLOYMENT BENEFITS, LOWER TO 1.1% 9 MILLION FROM 1.9% 6 MILLION. IT IS LIKE PARSING HAIRS.IN THE RIGHT DIRECTION. THIS WOULD ...

US federal workers filed the most applications for unemployment benefits since the last government shutdown, according to the latest Labor Department data https://t.co/5ufAYmsIrZ ...

Applications for US unemployment benefits fell last week, according to analyses of unadjusted state-level filings released during the federal government shutdown https://t.co/ENyrjUKl0p ...

Financial Challenges for American Workers - A majority of American workers are living paycheck to paycheck, highlighting financial vulnerability [1] - Corporations are laying off employees, exacerbating financial insecurity for many families [1] Strategies for Managing Financial Uncertainty - Calculate cash flow to understand fixed costs and discretionary spending, enabling informed cutbacks [2] - Explore alternative income sources to supplement potential income loss [2] - Acknowledge and manage emotions related to financial stress to avoid overspending [3] Preparing for Potential Job Loss - Understand the details of the severance package, including its terms and benefits [4] - Investigate health insurance options, such as COBRA for 18 months, to maintain coverage [5] - File for unemployment benefits to access financial assistance [5]

Labor Market Resilience - US unemployment benefit applications fell for a sixth straight week, highlighting the labor market's resilience [1]