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US Economy · United StatesThe number of Americans filing new applications for unemployment benefits increased more than expected last week, while the jobless rate appeared to have picked up in May as labor market conditions continue to ease. Initial claims for state unemployment benefits rose 14,000 to a seasonally adjusted 240,000 for the week ended May 24, the Labor Department said on Thursday. Economists polled by Reuters had forecast 230,000 claims for the latest week.See the Story
US weekly jobless claims rise more than expected as labor market eases
61% Center coverage: 47 sources

Jerome PowellBy CHRISTOPHER RUGABER WASHINGTON (AP) — Federal Reserve officials agreed earlier this month to hold off on any interest-rate moves while they evaluated the impact of President Donald Trump’s tariffs on inflation, unemployment, and the broader economy. Related Articles
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Fed Minutes: Uncertainty ‘Elevated’ as Risks of Higher Inflation and Unemployment Rise
68% Center coverage: 32 sources