US jobless claims rise slightly but recurring applications surge
Continuing claims, a proxy for people who are already receiving benefits and still can’t find a job, jumped to 1.9 million in the week ended Jan. 11, the highest since November 2021, according to Labor Department data released Thursday. Initial claims increased by 6,000 to 223,000 last week.
At the same time, an unexpected rise in weekly jobless claims hinted at a cooling labor market. Retail and food services sales rose 0.4% last month, decelerating from upwardly revised 0.8% ...
Poughkeepsie Journal on MSN6d
Unemployment claims in Wisconsin declined last weekInitial filings for unemployment benefits in Wisconsin dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, fell to ...
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