The number of Americans filing for for unemployment benefits last week jumped to their highest level in a year, a possible sign of softness in the labor market, though some analysts suggested it was due to recent hurricanes.

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US weekly jobless claims surge amid Hurricane Helene distortions

The number of Americans filing new applications for unemployment benefits surged last week, partially boosted by Hurricane Helene and furloughs at Boeing amid a nearly four-week-old strike at the U.S. planemaker.

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US filings for jobless benefits jump to 258,000, the most in more than a year

The number of Americans filing for for unemployment benefits last week jumped to their highest level in a year, a possible sign of softness in the labor market, though some analysts suggested it was due to recent hurricanes

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AP Business Writer The number of Americans filing for for unemployment benefits last week jumped to their highest level in a year, which analysts are saying is more likely a result of Hurricane Helene than a broader softening in the labor market. The Labor Department reported Thursday that applications for jobless claims jumped by by 33,000 to 258,000 for the week of Oct. 3. That’s the most since Aug. 5, 2023 and well above the 229,000 analysts …

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US jobless claims jump to 258,000, the most in more than a year. Analysts point to Hurricane Helene

Weekly unemployment claims climbed to their highest level in more than a year as the economy began to endure the economic fallout of Hurricane Helene.
For the week ended Oct. 5, initial jobless claims surged by 33,000, to 258,000, the highest number since the beginning of August 2023, according to new Department of Labor data.
The reading topped the consensus estimate of 230,000.
The fallout of Hurricane Helene could have fueled some of the high…

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Weekly Jobless Claims Surge to 14-Month High as Hurricane Helene Fallout Begins

The number of Americans filing for for unemployment benefits last week jumped to its highest level in a year, which analysts are saying is more likely a result of Hurricane Helene — and the Boeing machinist strike — than a broader softening in the la

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US jobless claims hit 258,000, the most in a year. Analysts point to Hurricane Helene, Boeing strike

By MATT OTT The number of Americans filing for unemployment benefits last week jumped to its highest level in a year, which analysts are saying is more likely a result of Hurricane Helene — and the Boeing machinist strike — than a broader softening in the labor market. The Labor Department reported Thursday that applications for jobless claims jumped by by 33,000 to 258,000 for the week of Oct. 3. That’s the most since Aug. 5, 2023 and well abov…

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Analysts highlighted big jumps in jobless benefit applications across states that were most affected by Hurricane Helene last week.

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U.S. jobless claims jump to 258,000, the most in more than a year

The number of Americans filing for for unemployment benefits last week jumped to their highest level in a year, which analysts are saying is more likely a result of Hurricane Helene than a broader softening in the labor market.

US filings for jobless benefits jump to 258,000, the most in more than a year

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