Published 11 days ago

US weekly jobless claims rise to highest level since August of 2023

The Labor Department reported an increase in unemployment claims to 231,000 for the week ending May 4, up from 209,000 the previous week. This marks the highest number since August 2023.
The four-week average of claims also increased by 4,750 to 215,000, helping to moderate the weekly fluctuations.
Weekly unemployment claims serve as an indicator of layoffs in the U.S. And offer insight into the current state of the job market.

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Reuters

US weekly jobless claims increase more than expected

The number of Americans filing new claims for unemployment benefits increased more than expected last week as the labor market steadily eases.

11 days ago·United Kingdom

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Associated Press News

US weekly jobless claims hit highest level since August of 2023, though job market is still hot

The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week in another sign that the labor market may be softening.

11 days ago·United States

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abc News

US weekly jobless claims hit highest level since August of 2023, though job market is still hot

The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week in another sign that the labor market may be softening

11 days ago·United States

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New York Post

US jobless claims jump to highest level since August in sign of weakening labor market

Initial filings for unemployment benefits in the US climbed to their highest level since August 2023 in signs that the robust American labor market is cooling.

11 days ago·New York, United States

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