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U.S. Jobless Claims Inch Up Less Than Expected To 199,000

Economic DataLabor Markets & EmploymentInflation

U.S. first-time unemployment claims edged up slightly in the week ended Aug. 1, signaling a modest deterioration in the labor market. While the move appears incremental, it adds a cautious datapoint for near-term growth expectations.

Analysis

U.S. first-time unemployment claims edged up slightly in the week ended Aug. 1, signaling a modest deterioration in the labor market. While the move appears incremental, it adds a cautious datapoint for near-term growth expectations.

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