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Job Market Holds Steady Amid Hiring Caution | Texas News
Unemployment claims dipped slightly to 209K last week—higher than expected but still solid, with the four-week average holding steady at 199K. The number of people actively collecting benefits fell by 22K to 1.78 million, remaining in historically low territory. Job security is strong for those employed, with the unemployment rate at just 4.1% despite global energy shocks. But hiring remains cautious: employers are adding only 61K jobs monthly, down from pandemic-era highs and held back by lingering high interest rates and past policy hesitations. Listen in comfort:Get a discount on a Soli…
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