US EditionThe number of Americans filing for jobless benefits jumps to the highest level in 10 months
- Unemployment benefit applications rose by 13,000 to 242,000 for the week ending June 8, exceeding analyst expectations and reaching the highest level since August 2023.
- A total of 1.82 million individuals were collecting jobless benefits by the end of June 1, a rise of 30,000 and the most since early this year, indicating potential changes in the job market.
- The four-week average of claims also increased to 227,000, up by 4,750 from the previous week, marking the highest since September.
28 Articles
28 Articles
Number of Americans filing for jobless benefits jumps to highest level in 10 months
The number of Americans filing for jobless benefits jumped to the highest level in 10 months last week, another possible sign that the labor market is loosening under the weight of high interest rates. Unemployment benefit applications for the week ending June 8 rose by 13,000 to 242,000, up from…
The number of Americans filing for jobless benefits unexpectedly spikes to 10-month high
The number of Americans filing for unemployment benefits last week unexpectedly jumped to the highest level in 10 months, the latest sign that the labor market is starting to cool in the face of high interest rates.Figures released Thursday by the Labor Department show initial claims for the week ending June 8 increased by 13,000 to 242,000, above the 2019 pre-pandemic average of 218,000 claims. It marks the highest level for jobless claims sinc…
Associated Press News
The number of Americans filing for jobless benefits jumps to the highest level in 10 months
The number of Americans filing for jobless benefits jumped to the highest level in 10 months last week, another possible sign that the labor market is loosening under the weight
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- 50% of the sources lean Left
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