The number of initial jobless claims in the United States was slightly higher than expected, while the number of continuing claims reached a new high since the end of 2021

Zhitong
2025.06.12 13:33
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For the week ending June 7, the number of initial jobless claims in the United States was 248,000, slightly higher than the expected 240,000. The number of continuing claims was 1.956 million, reaching a new high since the end of 2021. This indicates that it is becoming more difficult for the unemployed to find jobs, and hiring is slowing down. Although employers have not seen large-scale layoffs, the labor market is gradually losing momentum. The Federal Reserve is expected to keep interest rates unchanged, with policymakers focusing on the impact of Trump's policies on the economy