Number of Americans filing for unemployment benefits rises to 242,000, highest level in 3 months

Unemployment Insurance claims continue to rise

San José, CA - On Thursday, February 27, the Department of Labor reported that new claims for unemployment insurance jumped by 22,000, or...

Initial Unemployment Claims Spike by 22,000 Not DOGE Related

Unemployment claims jumped but it’s not Federal in nature. Today, the US Department of Labor released Unemployment Claims for the week ending February 1. This included data on initial unemployment claims. Initial Unemployment Claims In the week ending February 22, the advance figure for seasonally adjusted initial claims was 242,000, an increase of 22,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 …

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U.S. sees 3-month high as 242,000 Americans filing for unemployment benefits

Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the past three years

The number of Americans applying for unemployment assistance peaked in three months, although the figures remain within the range recorded over the past three years.

US jobless claims rise to highest level in three months

Some analysts say they expect lay-offs ordered by the Department of Government Efficiency to have an effect on unemployment in the next few weeks or months.