Weekly U.S. initial jobless claims rise by 8,000

Jobless Claims Hit Record High at End of May

While new filings are still at historically low rates, they reflect recent layoffs and a softening economic outlook.

Jobless Claims Tick Up, Layoffs Slip as US Labor Market Sends Mixed Signals

New employment data sent mixed signals about the health of the U.S. labor market, as more workers filed for unemployment benefits last week and employers slowed their planned layoffs in May. According to the Department of Labor, initial jobless claims rose by 8,000, to 247,000, the highest level since early October 2024, for the week ended May 31. This is up from the previous week’s downwardly revised 239,000. The reading came in higher than the…

US initial jobless claims up 8,000 last week, more than estimates

Total of 247,000 initial jobless claims filed last week, according to Labor Department data - Anadolu Ajansı

Weekly U.S. initial jobless claims rise by 8,000

Eight thousand more Americans filed initial unemployment claims for the week ending May 31, according to a Thursday Department of Labor report.

Trade of The Day: Next Thursday’s Initial Claims: June 6, 2025

Initial unemployment claims jumped to 247,000 during the week ended May 31. For the next print, however, I’m expecting a reading of 236,000, as the indicator shifts back to trend and remains range bound.

Initial Filings For Unemployment Up Across PA

First time filings for unemployment are rising slightly across Pennsylvania.  That’s according to the U.S. Department of Labor, which says that for the week ending May 31st, there were over ten-thousand-600 initial unemployment filings in the state.  That number is up by several hundred compared to the week prior.  Nationally, there was an increase in filings for the week.