The Associated Press reported the labor market remains healthy despite more Americans filing for jobless benefits.
The number of Americans filing for unemployment benefits last week reached the highest level in a year.On Thursday, the Associated Press reported that data from the U.S. Bureau of Labor Statistics showed unemployment claims for the week ending on July 27 reached 249,000. This number represented an increase of 14,000 from the previous week, which was 235,000 unemployment claims.In June, about 160,000 workers in the United States became unemployed, according to data from the U.S.
The newly released data from the BLS showed that a four-week average of unemployment claims reached 238,000, representing an increase of 2,500.According to the AP, the number of Americans collecting unemployment benefits for the week ending on July 20 reached 1.88 million, a rise of 33,000 from the previous week. The four-week average of those collecting unemployment benefits reached 1,857,000, which is the highest level since December 2021, the AP said.
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