 In the past week, the U.S. first applied for unemployment relief to create the highest level in August 2023, and continued to apply for a higher number of people. This shows that the labor market is weakening. The U.S. Labor Department released data on Thursday that the number of people who applied for unemployment relief in the first week of July 13 increased by 20,000 to 24.3 million people, while the economic scholars predicted that the number of people who applied for unemployment relief to increase by 22.9 million people from the beginning of May.