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The 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.
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Associated Press NewsAssociated Press News
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Lean Left

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

·United States
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  • 52% of the sources lean Left
52% Left

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Winnipeg Free Press broke the news in Winnipeg, Canada on Thursday, June 13, 2024.
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