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

Wall Street Review: Stocks Extend Downward Streak

StocksStocks fell for a fourth straight week as oil...

Cyber Actors Linked to Russia Targeting Users of Messaging Apps, FBI Says

The icons of mobile apps are seen on the...

US Lifts Sanctions on Iranian Oil Stranded at Sea

Treasury Secretary Scott Bessent testifies before the Senate Committee...

US Dollar Surges After Markets Begin Pricing in Fed Rate Hikes Later This Year

Other central banks have signaled a tighter-for-longer monetary policy...