US weekly jobless claims rise slightly to 215,000
US initial jobless claims rose to 215,000 last week as layoffs remained low. Continuing claims increased to 1.786 million amid regional geopolitical tensions.
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The United States saw initial jobless claims rise by 5,000 to 215,000 for the week ended May 23. Economists polled by Reuters had forecast 211,000 claims. The data suggests the labor market remains resilient despite geopolitical volatility and higher commodity costs.
