US Jobless Claims Increase, Reaching Highest Levels Since June
TL;DR Summary
US jobless claims rose to the highest level since 2021, with initial claims increasing by 11,000 to 235,000 and continuing claims reaching 1.97 million, indicating a potential slowdown in the labor market and increased difficulty for out-of-work Americans to find new jobs.
Topics:business#continuing-claims#economic-slowdown#economy#jobless-claims#labor-market#us-unemployment
- US Jobless Claims Rise, Continuing Filings Highest Since 2021 Bloomberg.com
- U.S. Jobless Claims Rose Last Week The Wall Street Journal
- US applications for jobless benefits rise last week, but layoffs remain historically low AP News
- Higher-Than-Expected Jobless Claims Weigh Down Treasury Yields Barron's
- US weekly jobless claims rise to highest since June Reuters
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 1 min read
Condensed
76%
174 → 42 words
Want the full story? Read the original article
Read on Bloomberg.com