Archive · 21 Aug 2025

US Jobless Claims Rise, Signaling Labor Market Slowdown

US Jobless Claims Rise, Signaling Labor Market Slowdown

Last week, more Americans filed for unemployment benefits, reaching the highest level in about three months.

Around 235,000 new applications were filed, an increase of 11,000 from the previous week, which is a sign that companies may be laying off workers.

The increase was higher than what experts predicted.

Additionally, nearly 2 million people are now receiving unemployment benefits.

This data indicates a possible slowdown in the job market.

Sources