The number of Americans filing for recurring unemployment benefits has surged to its highest level since November 2021, according to data from the US Department of Labor. This spike may indicate a possible increase in the country’s unemployment rate this month. Experts closely monitor such trends as they can signal an uptick in joblessness and a potential rise in unemployment rates.
Source: https://www.bloomberg.com/news/articles/2025-05-29/rise-in-recurring-jobless-claims-signals-higher-us-unemployment