US Politics

Unemployment Claims Rise for 2nd Straight Week as Labor Market Cools

Recurring claims continued to rise also, reflecting challenges for job hunters.
Unemployment Claims Rise for 2nd Straight Week as Labor Market Cools
A hiring ad displayed at a coffee shop in Kerrville, Texas, on July 9, 2025. Madalina Kilroy/The Epoch Times
Andrew Moran
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The number of workers filing new applications for unemployment benefits rose for the second straight week as a fresh data point to a cooling U.S. labor market.

According to the Department of Labor, initial jobless claims increased by 7,000 to 226,000 for the week ending on Aug. 2, from the previous week’s upwardly adjusted 219,000.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."