U.S. jobless claims rise to 235k, most in nearly six months

Unemployment Job Cropped

WASHINGTON (AP) – More Americans applied for unemployment benefits last week, and while layoffs remain low, it’s the fifth straight week claims have topped the 230,000 mark.

Applications for jobless aid for the week ending July 2 rose to 235,000, up 4,000 from the previous week, the Labor Department reported Thursday.

First-time applications generally track with the number of layoffs.

Until early June, claims hadn’t eclipsed 220,000 since January and have often been below 200,000 this year.

On Wednesday, the Labor Department reported that U.S. employers advertised fewer jobs in May amid signs that the economy is weakening, though the overall demand for workers remained strong.

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7/7/2022 9:13:47 AM (GMT -5:00)

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