U.S. Jobless Claims Rise Slightly to New 2022 High
Applications for unemployment benefits have climbed since reaching 50-year low in March
U.S. workers’ filings for unemployment benefits edged up last week, reaching their highest level so far this year.
Initial jobless claims, a proxy for layoffs, increased to a seasonally adjusted 262,000 last week from a revised 248,000 the previous week, the Labor Department said Thursday. The weekly number has been on an upward trend since reaching a 50-year low in March.