December 4, 2025
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4:58Now PlayingApplications for US unemployment benefits fell last week to the lowest in more than three years, indicating that employers are still largely holding onto workers despite a wave of recent layoff announcements. The low-hire, low-fire job market has kept a lid on initial applications for unemployment benefits, but it has also limited out-of-work Americans’ ability to find a new job. This comes as Federal Reserve officials will decide whether to lower interest rates for a third-straight meeting next week. Bloomberg's Ira Jersey and Stuart Paul joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to break it down.
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