News about jobless claims

ICYMI: The @BLS_gov #JobsReport for May showed continued low unemployment – at 4.0% or under for two and a half years – and job gains across a variety of industries. 📈 Here are some highlights. pic.twitter.com/MkhzJjO6Ku

Unemployment Insurance Weekly Claims Initial claims were 229,000 for the week ending 6/1 (+8,000). Insured unemployment was 1,792,000 for the week ending 5/25 (+2,000). www.dol.gov/ui/data.pdf pic.twitter.com/Bu9CBpWS5F

Here's the part of the May jobs report that shows a slowing economy. 4% unemployment rate -250,000 in the labor force -408,000 people employed Labor Force Participation Rate falls to 62.5% This is a different story than the strong job gains. Fed (and everyone else) will need… pic.twitter.com/gUF9YhGevj

JUST IN: Another big jobs report. The US economy added 272,000 jobs in May, blowing past expectations of ~190k. People keep getting jobs, esp. in healthcare., gov’t and hospitality. **Unemployment rate: 4% —> This is the first time at 4% or above since Jan. 2022* Wage gains:… pic.twitter.com/s2Io2sGWit