U.S. Weekly Job Claims Hit 1-1/2-Year High; Inflation Subsiding

Reuters, May 11, 2023–Lucia Mutikani
The number of Americans filing new claims for unemployment benefits jumped to a 1-1/2-year high last week, pointing to cracks in the labor market as demand slows, potentially giving the Federal Reserve room to halt further interest rate increases next month.
https://www.reuters.com/markets/us/us-weekly-jobless-claims-jump-highest-level-since-late-2021-2023-05-11/