Data out from the U.S. Department of Labor on Thursday revealed that continued unemployment insurance claims rose to a 10-month high by late November showing the country's labor market is still tight.
States with the highest insured unemployment claims for the week ending on Nov. 19 were Alaska, New Jersey, California, Montana, New York, Massachusetts, Minnesota, Rhode Island, Nevada and Oregon; this also include the territory of Puerto Rico. "The holiday time is generally not attractive to workers to start a new job, compounded by many firms temporarily closing during the holiday period," Munir said.
How’s this even possible. Almost every industry is understaffed