Published May 7, 2026, 8:34 AM ET · Updated 6 months ago · 1 source
US Initial Jobless Claims Rebound Slightly But Remain Low
bloomberg
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Original Report
INFERY
US initial jobless claims rose by 10,000 to 200,000 in the week ended May 2, rebounding slightly from near multi-decade lows. Despite recent job cuts announced by companies like Meta and Nike, layoffs remain muted. Meanwhile, continuing claims fell to a two-year low of 1.77 million, indicating a "low-hire, low-fire" labor market state.