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US Unemployment Claims Rise to Highest Level Since Oct 2021: Department of Labor Report

(CercleFinance.com) – The number of jobless claims in the United States increased by 28,000 during the week of May 29, standing at 261,000 against 233,000 the previous week (revised figure compared to 232 000), according to the Department of Labor.

This is the highest weekly new listings since the week of October 30, 2021, which saw 264,000 new listings, the report said.

In addition, the four-week moving average – considered a better indicator of the underlying trend in the job market – shows an increase in the number of registrations of 7,500 from one week to the next, to 237,250. .

Finally, the number of people regularly receiving benefits fell by 37,000 to 1,757,000 during the week of May 22, the last week available for this statistic.

2023-06-08 12:44:00


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