US EditionNumber of Americans filing for jobless claims is elevated for second straight week
- The number of Americans applying for unemployment benefits has remained elevated, indicating that the Federal Reserve’s interest rate hikes may be affecting the job market.
- US retail sales unexpectedly rose in May, thanks to strong wage gains and savings accumulated during the COVID-19 pandemic, though consumers remain price sensitive due to inflation and higher interest rates.
- The jobs market remains resilient, despite the recent rise in the unemployment rate, with initial claims for state unemployment benefits remaining unchanged and continuing claims remaining low by historical standards.
52 Articles
52 Articles
Number of Americans filing for jobless claims is elevated for second straight week
By MATT OTT (AP Business Writer) The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve’s interest rate hikes over the past year may taking hold in what’s proved to be a resilient job market. U.S. applications for jobless claims were 262,000 for the week ending June 10, the Labor Department reported Thursday, more than analysts were expecting. This week’s number mirrors la…
Number of Americans filing for jobless claims is elevated for second straight week
By MATT OTT (AP Business Writer) The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve’s interest rate hikes over the past year may taking hold in what’s proved to be a resilient job market. U.S. applications for jobless claims were 262,000 for the week ending June 10, the Labor Department reported Thursday, more than analysts were expecting. This week’s number mirrors la…
Number of Americans filing for jobless claims is elevated for second straight week
By MATT OTT (AP Business Writer) The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve’s interest rate hikes over the past year may taking hold in what’s proved to be a resilient job market. U.S. applications for jobless claims were 262,000 for the week ending June 10, the Labor Department reported Thursday, more than analysts were expecting. This week’s number mirrors la…
Number of Americans filing for jobless claims is elevated for second straight week
By MATT OTT (AP Business Writer) The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve’s interest rate hikes over the past year may taking hold in what’s proved to be a resilient job market. U.S. applications for jobless claims were 262,000 for the week ending June 10, the Labor Department reported Thursday, more than analysts were expecting. This week’s number mirrors la…
Number of Americans filing for jobless claims is elevated for second straight week
The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve's interest rate hikes over the past year may taking hold in what's proved to be a resilient job market.U.S. applications for jobless claims were 262,000 for the week ending June 10, the Labor Department reported Thursday, more than analysts were expecting. This week's number mirrors last week's, which was revised up by…
Number of Americans filing for jobless claims is elevated for second straight week
The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve's interest rate hikes over the past year may taking hold in what's proved to be a resilient job market.U.S. applications for jobless claims were 262,000 for the week ending June 10, the Labor Department reported Thursday, more than analysts were expecting. This week's number mirrors last week's, which was revised up by…
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