U.S. Jobless Claims Rise to Highest Level Since October Last Year
On May 1st, the U.S. Department of Labor announced on Thursday that for the week ending April 26th, initial jobless claims increased by 18,000 to 241,000, marking the highest level since early October. The increase in claims mainly came from New York, where claims typically rise during the spring around school holidays.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pharos announces the third batch of validators
Kamino launches six new products: including fixed-rate lending, RWA DEX, and off-chain collateralized lending
BBVA Bank forms strategic partnership with OpenAI to accelerate BBVA’s transformation into an AI-native bank
