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US recurring jobless claims jump to highest since end of 2021

Continuing claims hit 1.96M

Bloomberg NewsbyBloomberg News
June 12, 2025
in Risk Management
Reading Time: 2 mins read
0

Recurring applications for US unemployment benefits rose to the highest since the end of 2021, adding to evidence that it is taking unemployed Americans longer to find a new job. Continuing claims, a proxy for the number of people receiving benefits, advanced to 1.96 million in the week ended May 31, according to Labor Department […]

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