Data released today, Jan. 23, by the US Labor Department showed that initial claims increased by 6,000 to 223,000, compared to expectations of a rise to 211,000. Meanwhile, the four-week moving ...
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 ...
New unemployment claims are near pre-pandemic levels, indicating a strong labor market, but rising continuing claims suggest many are struggling to find work.
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