Unemployment Claims Rise for 2nd Straight Week as Labor Market Cools

Date:

Unemployment Claims Rise for 2nd Straight Week as Labor Market Cools

A hiring ad displayed at a coffee shop in Kerrville, Texas, on July 9, 2025. Madalina Kilroy/The Epoch Times

The number of workers filing new applications for unemployment benefits rose for the second straight week as a fresh data point to a cooling U.S. labor market.

According to the Department of Labor, initial jobless claims increased by 7,000 to 226,000 for the week ending on Aug. 2, from the previous week’s upwardly adjusted 219,000.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Blockade of a Blockade: As Tehran Menaces Strait of Hormuz, US Tightens Vise on Iranian Shipping

U.S. forces patrol near the Iranian-flagged cargo ship M/V...

Will AI Answer for Chinas Economic Needs? Yes and No.

Milton EzratiAuthorMilton Ezrati is a contributing editor at The...

Fed Poised to Hold Interest Rates Steady at Jerome Powells Final Meeting as Chair

Federal Reserve Chair Jerome Powell speaks at a news...

US Pledges $100 Million to Repair Chornobyl Nuclear Plant

A visitor touring the former Chernobyl nuclear power plant...