US initial jobless claims: More proof of a struggling consumer?

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According to the US Department of Labor, the number of people filing new unemployment claims decreased last week. However, the initial jobless claims figure was still higher than Wall Street estimates.

Yahoo Finance's Madison Mills joins Wealth! to discuss the latest labor numbers and their implications for the overall economy.

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Nicholas Jacobino