US Jobless Claims Increase Amid Rising Recurring Applications

Reported about 6 hours ago

The number of Americans receiving unemployment benefits has reached a three-year high, with initial jobless claims rising slightly to 223,000. Continuing claims surged to 1.9 million, indicating that many are struggling to find new employment. Despite a stable overall job market, the increase in ongoing claims highlights challenges for the unemployed, exacerbated by recent natural disasters and seasonal volatility.

Source: YAHOO

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