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Jobless claims rise again in another sign that labor market is cooling

Jobless claims rise again in another sign that labor market is cooling

A woman walks in front of a store on February 22, 2021, in New York City.

John Smith | Corbis News | Getty Images

Initial jobless claims hit their highest level since mid-November last week, the latest sign that a historically tight labor market is beginning to slow, according to

released Thursday.

Claims totaled 251,000 for the week ended July 16, up 7,000 from the week before and above the 240,000 Dow Jones estimate.

The…

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