U.S. unemployment applications reach 8-month high
July 21, 2022
8,509
190
99
3.40%
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4:25Now PlayingU.S. unemployment applications reach 8-month high
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as posted by the channelThe U.S. Labor Department's weekly jobs report showed 251,000 Americans filed for jobless benefits in the week ending July 16, marking the highest level in eight months. It raises concerns about a possible recession. Colby Smith, U.S. economics editor for the Financial Times, breaks down what this could mean.
#news #unemployment #economy
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