The numbers Recent data reveals that the number of Americans applying for unemployment reached a nearly three-month high of 224,000 by the end of January. While this may indicate a slight softening in the robust labor market, it is important to note that the initial jobless claims increased by 9,000 in the seven days ending January 27, up from 215,000 in the previous week. … [Read more...] about Recent data reveals increase in jobless claims and potential impact on labor market
Jobless Claims
U.S. Jobless Claims Fell by 67,000, Remain Below Analysts’ Expectations
U.S jobless claims totaled 847,000 for the week ending January 23, to remain below the expected 875,000, according to the Department of Labor press release. The jobless claims were a decline of 67,000 from the previous week. The previous week’s jobless claims were revised up by 14,000 from 900,000 to 914,000.Continuing claims fell by 203,000 to a new pandemic-era low … [Read more...] about U.S. Jobless Claims Fell by 67,000, Remain Below Analysts’ Expectations
