This is a news story, published by ABC News, that relates primarily to The Federal Reserve news.
For more unemployment news, you can click here:
more unemployment newsFor more news from ABC News, you can click here:
more news from ABC NewsOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like unemployment news, you might also like this article about
Weekly unemployment claims. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest unemployment rate news, jobless benefits news, unemployment news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
unemployment benefitsABC News
•86% Informative
Jobless claims for the week ending July 13 rose by 20,000 to 243,000 from 223,000 the previous week .
Continuing claims have been on the rise in recent months , suggesting that some Americans receiving unemployment benefits are finding it more challenging to land jobs.
The total number of Americans collecting unemployment benefits rose after declining last week for the first time in 10 weeks .
The Federal Reserve raised its benchmark borrowing rate 11 times beginning in March of 2022 in an attempt to extinguish the four-decade high inflation.
VR Score
93
Informative language
95
Neutral language
59
Article tone
formal
Language
English
Language complexity
47
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
1
Affiliate links
no affiliate links