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International Business Times
International Business Times
Business
Ann Resuma

Weekly Jobless Claims Reach 213,000, The Highest Since August 2023

Unemployment

Jobless claims have reached 213,000, the highest number recorded since August 2023, according to data released Thursday by the Labor Department.

With hundreds of thousands of Americans filing for unemployment benefits, the figures could signal the end of a robust labor market.

In the week that ended on May 4, there were 231,000 jobless claims. The number was actually higher than the initial prediction of 214,000. The department stated that the figure was the highest since Aug. 26, 2023.

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