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U.S. Jobless Claims Jumped More Than 10% Last Week
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Worker filings for U.S. unemployment benefits jumped more than 10% last week but remained historically low as demand for labor outstrips the number of people looking for work.
Initial jobless claims, a proxy for layoffs, increased by 21,000 to a seasonally adjusted 211,000 last week, the Labor Department said Thursday. The four-week average of weekly claims, which smooths out volatility in the weekly numbers, rose slightly to 197,000.
Read more on wsj.comAbout this in other media
Jobless Claims Fell Last Week, Showing Still Strong Labor Market wsj.com /1 year ago
Jobless Claims Fell Last Week, Showing Still Strong Labor Market wsj.com /1 year ago
U.S. Jobless Claims Ticked Down Last Week wsj.com /1 year ago
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