The number of Americans filing for jobless claims hits highest level in a year
The number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains broadly healthy.
Jobless claims for the week ending July 27 climbed by 14,000 to 249,000, from 235,000 the previous week, the Labor Department reported Thursday. It’s the most since the first week of August last year and the 10th straight week claims have come in above 220,000. Before that stretch, claims had been below that number in all but three weeks so far in 2024.
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