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.
Initial jobless claims rose by 14,000 to 217,000, firmly above market expectations for a reading of 210,000 and marking a sharp increase from the upwardly revised, 11-month low in the previous ...
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% ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback