Jobless claims jump to 8-month high. But it’s probably not a sign of rising layoffs from trade wars.

The number of people who applied for unemployment benefits last week jumped to an eight-month, but the details of the government’s report show little evidence of a tariff-related rise in layoffs.

Jun 5, 2025 - 13:59
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Jobless claims jump to 8-month high. But it’s probably not a sign of rising layoffs from trade wars.
The number of people who applied for unemployment benefits last week jumped to an eight-month, but the details of the government’s report show little evidence of a tariff-related rise in layoffs.