The number of initial jobless claims in the United States unexpectedly rose last week, showing signs of a slowdown in the labor market

The number of initial jobless claims in the United States unexpectedly rose to 240,000 last week, exceeding the expected 230,000, indicating signs of a slowdown in the labor market. The number of continuing jobless claims also increased to 1.919 million, reaching a new cycle high, which may lead to a rise in the unemployment rate. Economists point out that although the number of unemployment benefits claimed by high-income families has increased, this trend may not necessarily reflect a substantial change in the labor market. The Federal Reserve's meeting minutes indicate that there is a risk of weakening in the labor market in the coming months, with the outcome depending on the evolution of government policies such as trade policy