That’s up 9,000 from the previous week’s tally of 216,000. Economists were expecting 225,000 initial claims, according to Refinitiv estimates. Weekly initial claims have been hovering at pre-pandemic levels for the last few months, only slightly above the 2019 weekly average of 218,000. The steady level of initial claims continues to paint a “very tight picture” of the US labor market, said Eugenio Aleman, Raymond James’ chief economist.
Continuing claims, which are filed by people who have received unemployment benefits for more than one week, increased to 1.71 million for the week ended December 17, from 1.67 million. That’s the highest level since February and just shy of pre-pandemic filings of 1.8 million, and suggests that workers may be having more difficulty finding a new job. Weekly jobless claims are volatile — especially around the holidays — and frequently subject to revision.
High taxes inflation unions demanding $15 a hr im not surprised unemployment is so high this is what happens when you have a anti bussiness president in the Whitehouse
Lots of workers around here getting significantly reduced hours, yet help-wanted signs all over. They have been told by employers that can try to file for partial unemployment. This is NJ and we all know how the last unemployment fiasco played out around here. It’s a mess!
The water must of been getting heavy carrying all year for this shit show
have a look
Dementia Biden.
There are a lot of jobs available some people don't want to work
A parent can be called as True & Perfect...only when he/she is able to convince his children that Smoking, Alcohol, Drug, PORN, Masturbation, Premarital Sex & Extramarital Sex are very bad habits...and they should never consider these BAD habits as freedom or symbol of Grown-up.