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Americans filing for jobless benefits last week rises to highest level in months
- Filings for U.S. unemployment benefits rose by 8,000 to 247,000 for the week ending May 31, marking the highest level in eight months, according to the Labor Department.
- The four-week average of jobless claims increased by 4,500 to 235,000, the most since late October, as reported by the Labor Department.
- The total number of Americans receiving unemployment benefits decreased by 3,000 to 1.9 million for the week of May 24.
- Many companies cited uncertainty from President Donald Trump's tariff announcements affecting sales and profit expectations for 2025.
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Number of Americans filing for jobless benefits last week rises to highest level in eight months
Filings for U.S. unemployment benefits rose to their highest level in eight months last week but remain historically low despite growing uncertainty about how tariffs could impact the broader economy. New applications for jobless benefits rose by 8,000 to 247,000 for the week ending May 31, the Labor Department said…
·Sakado, Japan
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Associated Press News+53 Reposted by 53 other sources
The number of Americans filing for jobless benefits last week rises to highest level in eight months
Filings for U.S. unemployment benefits rose to their highest level in eight months last week but remain historically low despite growing uncertainty about how tariffs could impact the broader economy.
·United States
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Total News Sources74
Leaning Left13Leaning Right6Center32Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 25%
C 63%
12%
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