American unemployment claims are at their highest level in eight months
Applications for jobless aid for the week ending July 16 rose by 7,000 to 251,000. That’s the most since Nov. 13, 2021 when 265,000 Americans applied for benefits. The total number of Americans collecting unemployment benefits rose by 51,000 from the previous week. It may be an indication of a worsening labour market that the … Read more