The number of initial jobless claims in the United States rose moderately

2024-09-12 20:44:32
Collection

ChainCatcher news, according to Jinshi reports, the number of initial jobless claims in the United States slightly increased last week, indicating that even as the labor market slows down, the number of layoffs remains low.

The U.S. Department of Labor stated on Thursday that for the week ending September 7, the number of initial jobless claims in the U.S. rose slightly by 2,000 to 230,000. However, last week's data collection period included the U.S. Labor Day holiday. The number of initial jobless claims often fluctuates around public holidays.

In addition, the number of continuing jobless claims in the U.S. for the week ending August 31 was 1.85 million, an increase of 5,000. After surging to levels not seen since the end of 2021 in July, continuing jobless claims mostly showed a downward trend in August. This decline is consistent with the drop in the unemployment rate last month.

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