US jobless data: More Americans seek unemployment support; modest rise amid growing tariff tensions

In US, jobless claims saw a slight increase last week. The rise hints at employers retaining staff despite trade uncertainties. Initial claims reached 226,000, surpassing expectations. This data offers a glimpse into the job market after a weak July report. The four-week moving average provides a stable trend view. Continuing claims also jumped, reaching the highest level since November 2021.