US EditionThe Number of Americans Filing for Jobless Claims Last Week Remains at the Highest Level in 8 Months
- New filings for unemployment insurance remained unchanged at 248,000 in the week ending June 7, reaching the highest figure recorded in the past eight months.
- Federal Reserve Chair Jerome Powell noted that tariffs have negatively affected both consumer confidence and business outlook amid ongoing trade policy uncertainties.
- Despite slowing hiring in May, U.S. employers still added 139,000 jobs last month while job openings unexpectedly rose in April.
- The government reported one job vacancy for every unemployed person, indicating a cooling labor market compared to two vacancies per unemployed in December 2022.
- The U.S. economy contracted slightly by 0.2% annualized in the first quarter of 2025, reflecting challenges for future growth and employment.
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68 Articles
U.S. labor market weakens as jobless claims hold near 8-month high | Honolulu Star-Advertiser
WASHINGTON >> The number of Americans filing new applications for unemployment benefits held at an eight-month high last week, consistent with easing labor market conditions, while slowing domestic demand helped to restrain producer prices in May.
'Early warning sign' as unemployment filings inch toward dangerous 'threshold': economists
Analysts are fearful as they watch filings for unemployment benefits climb to a dangerous “threshold” above 240,000 applications this cycle.“New filings for unemployment benefits continued to climb last week, reaching 248,000 and for the second week in a row nearing our threshold of 250,000 that suggests risk of a recession,” writes Tuan Nguyen, an economist analyzing U.S. and global economic data at RSM US LLP. Nguyen said the mass layoffs of f…
Weekly labor report shows sharp increase in new unemployment claims in Florida
Florida just saw the largest jump in new unemployment claims this year. U.S. Department of Labor (DOL) figures show there were 8,549 first-time jobless filings in the state for the week ending June 7. That’s the first week this year that exceeded more than 8,000 claims. It’s an increase of 2,851 filings over the 5,698 claims for the week ending May 31. Thus far in 2025, these reports have delivered mostly good news in Florida. Most weeks have se…
Associated Press News
The number of Americans filing for jobless claims last week remains at the highest level in 8 months
U.S. filings for jobless benefits were unchanged last week, remaining at the higher end of recent ranges as uncertainty over the impact of trade wars lingers.
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