U.S. jobless claims jump 55,000 to three-month high of 286,000 as omicron bites

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Applications for U.S. unemployment benefits surged by 55,000 last week to 286,000 and hit a three-month high in a sign the omicron outbreak spurred some...

The numbers: Applications for U.S. unemployment benefits surged by 55,000 last week to 286,000 and hit a three-month high in a sign the omicron outbreak spurred some layoffs and kept more people out of work in January.

The number of people already collecting jobless benefits, meanwhile, rose by 84,000 to 1.64 million, the Labor Department said Thursday. These so-called continuing claims have returned to pre-crisis levels, however. Big picture: The record coronavirus omicron wave kept more people out of work the past month and may have spurred temporary layoffs. The end of holiday-season jobs was likely another contributor.

Key details: New jobless claims rose the most in California. They fell sharply in New York, Missouri and Texas.

 

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