Initial jobless claims in US increase by most since early May
Claims increased by 20,000 to 243,000 in the week ending July 13
Initial applications for US unemployment benefits rose last week by the most since early May and continuing claims jumped, adding to evidence of a softening labor market. . Initial claims increased by 20,000 to 243,000 in the week ended July 13, matching the highest level since August 2023, according to Labor Department data released Thursday. […]
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