A worker removes an oyster cage from the water in Duxbury, Massachusetts. Photographer: Scott Eisen/Bloomberg
Recurring U.S. unemployment-benefit claims jumped to the highest level since November 2021, indicating some softening in the labor market.
Continuing claims, or the number of people who have already filed an initial application and are now claiming unemployment benefits, rose by 61,000, to 1.87 million, in the week ended April 8, Labor Department data showed Thursday. This figure can offer insight into how quickly out-of-work Americans are able to find a new job.
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