Applications for jobless aid for the week ending July 2 rose to 235,000, up 4,000 from the previous week and the most since mid-January, the Labor Department reported.
A hiring sign is displayed at a restaurant in Schaumburg, Ill., Friday, April 1, 2022. More Americans applied for unemployment benefits last week, and while layoffs remain low, it's the fifth straight week claims have topped the 230,000 mark. Applications for jobless aid for the week ending July 2 rose to 235,000, up 4,000 from the previous week, the Labor Department reported Thursday, July 7.
The four-week average for claims, which evens out some of the week-to-week volatility, inched up by 750 from the previous week, to 232,500. The figures reflect the unusual nature of the post-pandemic economy: Inflation is hammering household budgets, forcing consumers to pull back on spending, and growth is weakening, heightening fears the economy could fall into recession. Yet companies are still scrambling to add workers. Demand has been particularly strong in travel- and entertainment-related services.
Netflix laid off 150 employees in May and another 300 in June after the streaming entertainment giant reported losing subscribers for the first time in more than a decade.Online real estate broker Redfin, under pressure from a housing market that’s cooled due to higher interest rates, is laying off 8% of its workers. Another real estate company, Compass, is shedding 450 employees.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
U.S. jobless claims rise to 235k, most in nearly six monthsMore Americans applied for unemployment benefits last week, and while layoffs remain low, it’s the fifth straight week claims have topped 230,000. Applications for jobless aid for the week ending July 2 rose to 235,000, up 4,000 from a week earlier.
Lire la suite »
U.S. jobless claims rise to 235k, most in nearly six monthsMore Americans applied for unemployment benefits last week, and while layoffs remain low, it’s the fifth straight week claims have topped 230,000. Applications for jobless aid for the week ending July 2 rose to 235,000, up 4,000 from a week earlier.
Lire la suite »
U.S. jobless claims rose last week to 235,000, most in nearly six monthsMore Americans applied for unemployment benefits last week and while layoffs remain low, it was the fifth consecutive week that claims topped the 230,000 mark and the most in almost six months.
Lire la suite »
U.S. weekly jobless claims increase; layoffs hit 16-month high in JuneWASHINGTON (Reuters) -The number of Americans filing new claims for unemployment benefits unexpectedly rose last week and there are growing signs that demand for labor is cooling, with layoffs surging to a 16-month high in June as the Federal Reserve's aggressive monetary policy tightening stokes recession fears. But the weekly jobless claims data from the Labor Department on Thursday was likely distorted by Monday's Independence Day holiday, which resulted in several states, including California, submitting estimates. 'This is what the Fed wants, but it needs to be orderly to avoid an increase in recession risks,' said Ryan Sweet, a senior economist at Moody's Analytics in West Chester, Pennsylvania.
Lire la suite »
Stock futures add to gains as Fed signals more rate hikesU.S. equity futures were trading higher Thursday morning, adding to the gains from the prior session and ahead of the latest jobless claim numbers.
Lire la suite »