US Unemployment Applications Surge Reaching Its Highest Since 2021
Written by Black Hot Fire Network on June 9, 2023
Recently, the U.S. Labor Department saw a spike in unemployment benefit applications.
The Associated Press reported the number of unemployment benefits applications was the most since October 2021. According to the U.S. Department of Labor, the number of jobless claim applicants on June 3, 2023, was 261,000. The number increased by 28,000 compared to the previous week, which ended May 27, 2023. Moreover, the unemployment rate rose to 3.7% from 3.4% in . . .