International Economic

US initial jobless claims hit three-month high

By Iain Gilbert

Date: Thursday 01 May 2025

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 26 April, according to the Department of Labor.
Initial jobless claims rose by 18,000 on a seasonally adjusted basis to 241,000, the highest since February and much higher than expectations for a reading of...

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