Jobless claims rise to highest level in 2022
The number of Americans filing for unemployment benefits ticked higher last week, hitting the highest level in nine months — the latest sign that the historically tight labor market is starting to cool off.
Figures released Thursday by the Labor Department show that applications for the week ended Aug. 6 rose to 262,000 from the downwardly revised 248,000 recorded a week earlier. That is above the 2019 pre-pandemic average of 218,000 claims and marks the highest level since mid-November.
https://www.foxbusiness.com/economy/jobless-claims-rise-highest-level-2022