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.
New unemployment claims are near pre-pandemic levels, indicating a strong labor market, but rising continuing claims suggest many are struggling to find work.
The number of people filing unemployment benefits for the first time grew to a seasonally adjusted 223,000 last week, the highest one-week total in more than a month.
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 11 January, according to the Department of Labor. Initial jobless claims rose by 14,000 ...
Retail sales rise 0.4% in December, slowing from November’s 0.8% gain and missing 0.6% forecast. Jobless claims increase to 217,000, above expectations. Get the Real Story Behind Every Major ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback