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US weekly jobless claims rise, Q1 labor costs revised lower
The number of Americans filing new claims for unemployment benefits increased last week and unit labor costs rose by less than previously thought in the first quarter, indicating the labor market is cooling but not enough to allay the Federal Reserve's hesitance to begin cutting interest rates.
US weekly jobless claims rise in latest week
The Labor Department reported a rise in Americans filing for first-time unemployment benefits to 229,000. The Federal Reserve increased interest rates by 525 basis points since March 2022 to slow demand in the economy.
Weekly initial jobless claims rise to 229,000
The number of Americans filing for first-time unemployment benefits rose by more than anticipated last week. Initial jobless claims in the U.S. climbed to 229,000 in the week ended on June 1, up from an upwardly revised total
Weekly Jobless Claims Rise, Government Data Show
Weekly applications for unemployment insurance in the US rose, government data showed, while a separate report from Challenger, Gray & Christmas showed that layoffs declined 1.5% on a sequential basis in May.
US initial jobless claims rise by 8,000 to 222,000 in latest report
In the latest data released by the Department of Labor, seasonally adjusted initial jobless claims in the US saw an increase of 8,000, reaching a total of 222,000.
Jobless Claims Rise More Than Expected
Jobless claims came in higher than expected for the week ending June 1, one day before the U.S. economy releases the highly anticipated monthly jobs report. Claims of 229,000 increased by 8,000 from the previous week’s revised level,
US weekly jobless claims edge higher, Q1 labor costs revised lower
The number of Americans filing new claims for unemployment benefits increased last week and unit labor costs rose by less than previously thought in the first quarter, indicating the labor market is cooling but not enough to allay the Federal Reserve's hesitance to begin cutting interest rates.
Jobless claims climb to 4-week high of 229,000, but layoffs still show no sign of accelerating
The number of Americans who applied for unemployment benefits last week rose to a four-week high of 229,000 — likely in part due to the end of the school year — but there was little sign of rising layoffs.
13d
on MSN
Jobless claims rise slightly to 219,000 in latest week — but the labor market is still tight
The numbers: Initial
jobless
claims
rose by 3,000 to 219,000 in the
week
ending May 25, the Labor Department said ...
FXEmpire.com
5d
US Jobless Claims Rise; Philly Fed Shows Weak Manufacturing
The latest report on
US
initial
jobless
claims
revealed a slight increase, with
claims
reaching 222,000 for the current
week
, marginally above the 220,000 forecast. This is a decrease from ...
3d
on MSN
To what extent have claims for unemployment benefits increased in the US and which states are suffering the most?
Claims for unemployment benefits have gone up over the past week. Find out which states had the biggest increases in the ...
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