Continuing jobless claims are climbing, as laid-off workers struggle to land new jobs. Yahoo Finance Markets Reporter Josh Schafer joins Morning Brief to explain what the latest labor data could mean for the Federal Reserve.

The number of Americans filing new applications for unemployment benefits fell last week, but stayed at levels consistent with a further loss of labor market momentum in June. Initial claims for state unemployment benefits dropped 5,

New jobless claims fell to 236,000 last week, yet economists anticipate a potential rise in the unemployment rate for June. Continuing claims reached their highest since November 2021, signaling hiring challenges.

The number of people who applied for unemployment benefits last week fell to a six-week low, underscoring the reluctance of businesses to lay off workers even amid the tumult of ongoing trade wars.

Recurring applications for US unemployment benefits rose to the highest since November 2021, extending a sharp increase over the past 1 1/2 month and signaling more people are staying out of work for longer.

The number of Americans applying for unemployment benefits fell last week, the Labor Department said Thursday, a sign that companies aren't cutting many jobs.

US jobless claims fell by 10,000 to 236,000 last week, below expectations, but continuing claims hit a 2.5-year high. Economists expect the June unemployment rate to rise to 4.3% amid sluggish hiring and economic uncertainty fueled by Trump’s tariffs.