Unemployment claims rise to 240,000, highest since August
The Labor Department reported Wednesday that 240,000 people applied for jobless aid last week, up by 17,000 from the week before. The four-week moving average of claims, which smooths out week-to-week volatility, rose by 5,500 to 226,750.
US new unemployment insurance claims increased to 240,000, view as a technical factor
[Washington 23rd Reuters] - The number of new unemployment insurance claims (seasonally adjusted) for the week ending November 19 announced by the U.S. Department of Labor on the 23rd increased by 17,000 to 240,000. Although it has increased to a level that exceeds the market forecast of 225,000 cases, it is not expected to indicate a change in labor market conditions, which is currently in a tight state. The previous week had 1000 revisions upw…
Latest weekly jobless claims jump 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.