International Economic

US jobless claims hit nine-month high

By Iain Gilbert

Date: Thursday 09 May 2024

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated clip in the week ended 4 May, according to the Department of Labor, hitting a nine-month high in the process.
Initial jobless claims rose by 22,000 to 231,000, the highest since August 2023, above market expectations for a reading...

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