Weekly Jobless Claims Remain Near 3-Month Low

Date:

Business

Planned job cuts surged in July, driven by DOGE-related actions, tariff fears, and artificial intelligence.

The number of individuals filing new applications for unemployment benefits ticked up last week for the first time since early June.

According to the Department of Labor, initial jobless claims rose by 1,000, to 218,000 for the week that ended on July 26, remaining close to a three-month low.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Beijings Bid to Block US Sanctions on Chinese Refineries Will Have Limited Impact, Analysts Say

The Shanghai Gaoqiao refinery in Shanghai on March 22,...

Amazon Opens Logistics Network to Outside Businesses: What It Means

An Amazon Prime truck passes by a sign outside...

US Private Payrolls Rise by 109,000 in April, Beating Estimates

A mall in Marietta, Ga., on Feb. 22, 2024....

OpenAI Cofounder Greg Brockman Defends Companys For-Profit Pivotand His Own $30 Billion Payday

OpenAI President Greg Brockman is depicted in a courtroom...