Recurring applications for unemployment benefits surged to the highest since November 2021, adding to recent signs that the labor market is weakening. Continuing claims, a proxy for the number of ...
The U.S. unemployment rate rose to 4.3% in August, the BLS reported. That’s up from the 4.2% rate logged in July and the highest rate seen since October 2021, when the country was still battling the ...
By Lucia Mutikani WASHINGTON, June 2 (Reuters) - U.S. job openings increased by the most in five years in April, but the surge likely overstates the labor market's health, as hiring declined against ...