Jobless claims are rising in the United States, but remain at a good level
The number of Americans who They applied for unemployment insurance It went up a bit last week, but it’s still at a good level. The number of weekly claims increased by 4,000 to 232,000 in the week of August 17. Ministry of Labour. The four-week average, which smooths out the weekly ups and downs, fell by 750 to 236,000. In the week ending August 10, 1.86 million Americans filed for unemployment benefits, up 4,000 from the previous week. Weekly jobless claims, a test of layoffs, remain low by historical standards. From January to May, the average minimum of applications was 213,000 per week. But they began to rise in May, reaching 250,000 by the end of July, proving that high interest rates are hurting the US labor market. But the slight increase in claims this week comes after two straig...