Unemployment aid applications jump to highest level since October 2021
Some 261,000 people applied for jobless aid last week, a 10% increase from the week before.
Source: cbsnews.com
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WRAPUP 2-US weekly jobless claims race to 1-1/2-year high, economists urge caution
"The narrowness of the increase in claims by state is a further factor suggesting we should wait for additional confirmation before concluding layoffs have picked up, especially given the fraud in Massachusetts recently." Initial claims for state unemployment benefits jumped 28,000 to a seasonally adjusted 261,000 for the week ended June 3, the highest level since October 2021.
Source: devdiscourse.com
Jobless claims jump to 261,000 -- highest level since 2021
The number of Americans filing new claims for unemployment benefits surged to the highest level in more than 1-1/2 years last week, but most economists were not convinced that layoffs were accelerating, noting that the data can be very volatile.
Source: nypost.com
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Unemployment Claims Surged Last Week. Is the Labor Market Weakening?
Claims for unemployment insurance were made at a rate not seen since October 2021, signaling that the high-flying labor market may finally be losing altitude.
Source: investopedia.com
US weekly jobless claims jump to 1½-year high
The number of Americans filing new claims for unemployment benefits surged to the highest level in more than 1\u00bd years last week, but most economists were not convinced that layoffs were accelerating, noting that the data can be very volatile.
Source: ksl.com