( ) -q-21- UNDATED (Correspondent Jeremy House) “October of 2021.” The number of Americans applying for unemployment benefits remained elevated last week. [CutID: <Cuts> JOBLESS-CLAIMS-house-q-THUam.mp3 Time: 21s Title: JOBLESS-CLAIMS-house-q-THUam Out-cue: October of 2021] TAG: Correspondent Jeremy House reporting. The four-week moving average of claims, which smooths out some of the week-to-week volatility,rose by 8,500 to […]
Audio
Weekly US applications for unemployment aid remain relatively elevated
( ) -q-21- UNDATED (Correspondent Jeremy House) “October of 2021.”
The number of Americans applying for unemployment benefits remained elevated last week.
[CutID: <Cuts> JOBLESS-CLAIMS-house-q-THUam.mp3
Time: 21s
Title: JOBLESS-CLAIMS-house-q-THUam
Out-cue: October of 2021]
TAG: Correspondent Jeremy House reporting. The four-week moving average of claims, which smooths out some of the week-to-week volatility,rose by 8,500 to 255,750. That’s the highest level since November of 2021.
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VERBATIM: The Labor Department reports applications for jobless claims were 264,000 for the week ending June 17, the same as the previous week. It’s a possible sign that the Federal Reserve’s rate hikes are beginning to cool a still-strong labor market. The claims numbers for the past two weeks are the highest since October of 2021.