U.S. jobless claims rise to the highest level since October last year

TechFlow news, May 1 — According to Jinshi News, the U.S. Department of Labor reported on Thursday that initial jobless claims rose by 18,000 to 241,000 for the week ending April 26, the highest level since early October. The increase in claims was primarily driven by New York, where applications typically rise during the spring around school holidays.