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.
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.
New unemployment claims are near pre-pandemic levels, indicating a strong labor market, but rising continuing claims suggest many are struggling to find work.
Recurring applications for US unemployment benefits rose to the highest ... according to Labor Department data released Thursday. Initial claims, meanwhile, ticked down to 219,000 in the week ...
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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