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Economy

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progree

(12,345 posts)
Thu Sep 4, 2025, 09:14 PM Sep 4

US Jobless Claims Rise To Highest Levels Since June [View all]

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Thursday 9/4/25
https://www.msn.com/en-us/money/markets/us-jobless-claims-rise-to-highest-levels-since-june/ar-AA1LSvEB

Weekly jobless claims rose to the highest levels since June, surpassing Wall Street estimates and pointing to weakness in the labor market amid President Donald Trump’s ongoing tariff war.

According to data released by the U.S. Department of Labor on Thursday, jobless claims rose by 8,000 to 237,000 in the week ended August 30. This was higher than an estimate of 230,000, according to Bloomberg.

The four-week moving average for jobless claims, which smooths weekly volatility, rose by 2,500 to 231,000.

Continuing claims, which refer to the number of people claiming unemployment benefits beyond the first week, hovered in the 1.94 million range, declining marginally by 4,000 over the previous week.

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From the source - a good one to look at for the graphs, particularly how continuing claims (what DOL calls insured unemployment) has been on a long-run rise (though last week was a slight downturn)
https://www.dol.gov/ui/data.pdf
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