February 6, 2025
US weekly jobless benefits claims at three-month high

WASHINGTON: The number of Americans filing new claims for jobless benefits increased to a three-month high last week amid rising layoffs in the technology sector, but that likely does not suggest a material shift in labour market conditions, which remain tight.Economists urged against reading too much into the rise in weekly unemployment benefit claims reported by the Labor Department on Wednesday (Nov 23…
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