Latest weekly jobless claims jump to 240,000 | CNN Business

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First-time weekly claims for unemployment benefits have jumped to 240,000

First-time weekly claims for unemployment benefits jumped to 240,000 for the week ended November 19, according to data released Wednesday by the Bureau of Labor Statistics. That’s a sharp increase of 17,000 from the previous week’s upwardly revised tally of 222,000, and surpasses economists’ expectations of 225,000. Continuing claims, which count people who have filed for jobless aid for at least two weeks in a row, rose to 1.

55 million for the week ending November 12. The number of unemployment claims have been hovering near historic lows due to a labor market that has remained considerably tight even as workers flooded back after the end of pandemic-era lockdowns. But that could be changing – and in short order: Large companies, notably some of the biggest names in tech, have started conducting mass layoffs. This is a developing story. It will be updated.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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Nu in because Biden says unemployment levels are at their “highes..lowest” since he took office! That’s weird how this can happen when the economy is in SUCH CLEARY GREAT SHAPE.

cnn is doa

That Biden money finally ran out

People of zahidan and Balochestan in Iran stand in solidarity and dignity with the kord people of iran while the IRI soccer team not 'the Iranian people team' played with wales and the iraninan peole are getting shot and killed brutally by IRI regime.

majidrezarahnavard was arrested during the revolutionary protests in Iran a last week, and is now falsely accused of murdering two security officers. He's been sentenced to death by hanging in public tomorrow. be his voice. he's innocent. مجیدرضا_رهنورد MahsaAmini

Right now, at the same time as the match between Iran and Wales, people are protesting in Baluchistan, Zahedan, and the repression force of the Islamic Republic is killing people with direct fire. WALIRN Qatar2022

Islamic republic is about to execute Majidreza_Rahnavard one of the protesters in Iran please please do something these young people are innocent…. mahsaamini Majidreza_Rahnavard IranRevoIution2022

You are LIARS! DECIEVER'S. DECEIPTIONIST! LOVER; S of DARKNESS, CONFUSION'S and NEVER LET AN EVIL CRISIS GO TO WASTE

Bidens economy is working

and that's just from Twitter...

Another Joe Biden first!

Man Democrats are doing a great job running the nation 😂😂😂😂😂😂😭😭😭😭

But the economy is booming 😆

How much of that is Twitter, that crypto mess, and big tech adjusting?

Because all the free Biden shit is running out

🤔haven’t y’all been posting about jobs added/economy growth 🫣

CNN wants to be FOXLite so bad they are drooling for a recession.

The labor but dissipation rate is add an unhealthy low and layoffs are starting to hit bidenomics

Thank you FJB

Iransrevolution A video of security forces shooting at angry demonstrators in the city of Andimshek 😡The regime Islamic fascism is on the verge of rapid collapse👊Support the Iranian people's revolution for peace,freedom and tranquility in the Middle East,Ukraine and the world

According to the international protocols, using nerve_gases, what is going on in Javanrud, is a clear example of war crime. Hereby, we request all related international organizations and communities to stand with Iranian people based on R2P Law. IranRevolution2022 UN

Conveniently reported after the midterms.

“Ever since Chris Licht took over at CNN it has been degrading. More right-wing propaganda to mornings, telling on-air talent to stop saying phrase 'the big lie' and more. Not good.”

Over 15% Twitter, Facebook and Amazon.

It’s peak season. Cyclical unemployment followed by seasonal hiring and layoffs in the new year..nothing new..

All Twitter employees.

Yup, however, send more money to Ukraine.

TwitterLayoffs

elonmusk is responsible

There goes all the taxes, LOL

Awesome job Joey!!!

I just say Rudy Gulliani having a coffee & Bagel on 32nd Street.CNN reported over n over, that Rudy was going to prison. However Rudy is still free unlike CNN Legal Expert Michael Avenatti. Where is YOUR BOY, Creepy Porn Lawyer Avenatti spending Thanksgiving? Did you send a card?

Finally, the Wal-Mart checkout lanes are kicking in.

Let’s go, Brandon!

By “jumped“ CNN means it went up by less than 10% from the week before.

A full frontal of Democrat policies….

I work for a state agency. Applications for nutrition assistance and cash assistance always increase a month before the holidays. I am not surprised. In our state you have to apply for Unemployment to qualify for assistance if you had income, even if you know you won't qualify

Wow. Another first for Biden! Congratulations! :P Expect more unemployment soon as businesses continue to lay off people.

The over 90 years old woman is going to pee under everyone's nose in China pandemic camp

In other words… TOTAL FAILURE

But wait I thought sleepy Joe had created all sorts of new jobs and economy was doing great and less people were out of work

CNN wants a recession SO badly, it's embarassing. Unemployment is near record lows, even if it doubles it will be lower than most of the 90s.

So Twitter employees

Gas prices are dropping rapidly.

This will make the GOP MAGA fascists happy. They love to see the country suffer.

Only just the beginning. Thanks to O’Bidens terrible policy and America last mindset a lot of Americans will be laid off in the coming weeks

Looks like Joe Biden hasn't got a clue.

Seasonal employment slowing, same as it ever was…

Biden’s America.

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