Jobless Claims Rise After Sliding to 57-Year Low

Initial jobless claims continued to hover around historically low levels amid labor market resilience.

A woman walks into a restaurant displaying a hiring sign in Royal Oak, Mich., on Oct. 12, 2024. Madalina Vasiliu/The Epoch Times

Initial jobless claims edged higher for the second straight week after last month reaching their lowest level since 1969.

The number of Americans filing applications for unemployment benefits rose by 12,000 to 211,000 for the week ending May 9, according to the Department of Labor.