US Jobless Claims Jump to Their Highest Level in 9 Months

US Jobless Claims Jump to Their Highest Level in 9 Months
Job seekers line up outside the New Hampshire Works employment security job center in Manchester, N.H., on May 10, 2021. Mary Schwalm/AP Photo
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Initial jobless claims in the United States rose for a second week to the highest level since Nov. 26, 2021, indicating a contraction in the labor market, according to the U.S. Labor Department on Aug. 11.

Applications for unemployment claims climbed by 14,000 to 262,000 from 248,000 in the week ended Aug. 6, after being revised lower the prior week.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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