Research: State of the labor market

Economic Research - Read Article

Jobless Claims and the State of the US Labor Market

By Erik Norland, Senior Economist, CME Group

Highlights

  • The May report went against expectations, showing a net gain in hiring.
  • The continuous claims data better reflected May non-farm payrolls.
  • Data shows labor market remains unsettled and fluid.
  • Will Congress extend expanded unemployment benefits beyond July?
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