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Recurring applications for US unemployment benefits rose to the highest since the end of 2021, adding to evidence that it is taking unemployed Americans longer to find a new job.
Easing labor market conditions were reinforced by the claims report, which also showed the number of people receiving benefits after an initial week of aid, a proxy for hiring, increased 54,000 to ...
Applications for US unemployment benefits ticked down last week, stabilizing near the highest levels in eight months. Initial claims decreased by 5,000 to 245,000 in the week ended June 14, in ...