Figures released Thursday by the Labor Department show that applications for the week that ended on Jan. 15 jumped to 286,000 from a revised 231,000 a week earlier, sharply missing the 220,000 forecast by Refinitiv analysts.Continuing claims, or the number of Americans who are consecutively receiving unemployment aid, rose to 1.635 million, an increase of 84,000 from the week's previous level.
Claims have largely moderated near pre-pandemic levels as the economy recovers and Americans continue traveling, shopping and eating out. Businesses have struggled to keep up with the demand, however, and have reported difficulties in onboarding new employees. Thursday's report suggests that companies are making an effort to retain the workers they already have.
I wonder why
Typical masses we have living off the system!
Mandate jobs on them just like they love their masks and vaccines. ORDER THEM TO WORK😃
Be careful if the Fed is going to raise rates the mkt will go down ...a lot.if they don’t it will go up interest rates are the only thing that matter right now Tesla isn’t going up to many sellers big investment firms shorting this morning.. don’t be fooled market is going down
No one have humanity
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US jobless claims rise to 286,000, highest since OctoberWASHINGTON (AP) — The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant disrupted the job market. Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday.
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U.S. Jobless Claims Rose to 286,000 Last WeekJobless claims rose sharply last week to 286,000. The labor market, a source of economic growth, faces headwinds as Omicron cases remain high. Don't worry Marty Walsh is all over it 🙄 Maybe companies getting rid of holiday seasonal workers. No? Will this be part of Tom Hanks' script........................
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