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More Americans file for unemployment benefits last week, continuing claims highest in 3 years
- Jobless claims applications increased by 6,000 to 223,000 for the week ending January 18, according to the Labor Department.
- The total number of Americans receiving unemployment benefits climbed by 46,000 to 1.9 million, the highest since November 2021.
- The final jobs report of 2024 showed employers added 256,000 jobs and the unemployment rate fell to 4.1%.
- Meta announced it was laying off 5% of its staff, while Brown-Forman is reducing its global workforce by about 12%.
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More Americans File for Unemployment Benefits Last Week, Continuing Claims Highest In 3 Years
Jobless claims applications ticked up modestly last week, but the total number of Americans collecting unemployment benefits rose to their highest level in more than three years. Applications for jobless benefits rose by 6,000 to 223,000 for the week ending January 18, the Labor Department said Thursday. Analysts were expecting 219,000 new applications. Weekly applications for jobless benefits are considered a proxy for layoffs. The total number…
Associated Press News+30 Reposted by 30 other sources
More Americans file for unemployment benefits last week, continuing claims highest in 3 years
Jobless claims applications ticked up modestly last week, but the total number of Americans collecting unemployment benefits rose to their highest level in more than three years. Applications for jobless
·United States
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Coverage Details
Total News Sources69
Leaning Left22Leaning Right6Center9Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 24%
R 16%
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