Weekly unemployment claims are rising in the US, but the labor market remains tight
Weekly unemployment claims increased from 6,000 to 260,000 Continuing claims rise 48000 to 1.416 million The trade deficit shrank 6.2% to $79.6 billion in June WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased last week, indicating some slackening in the labor market, although overall conditions remain tight. This was … Read more