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US Initial Jobless Claims See Largest Increase in Three Months, Continuing Claims Rise to 1.972 Million

Summary: According to reports from sources, initial jobless claims in the US last week saw the largest increase in nearly three months, rising by 11,000 to 235,000, marking the biggest increase since late May. Continuing jobless claims increased by 30,000 to 1.972 million, reaching the highest level since November 2021, indicating a rise in layoffs and ...

According to reports from sources, initial jobless claims in the US last week saw the largest increase in nearly three months, rising by 11,000 to 235,000, marking the biggest increase since late May. Continuing jobless claims increased by 30,000 to 1.972 million, reaching the highest level since November 2021, indicating a rise in layoffs and clear signs of weakness in the labor market.

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Link: US Initial Jobless Claims See Largest Increase in Three Months, Continuing Claims Rise to 1.972 Million   [Copy]
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