Jobless claims unexpectedly rise to 248K in latest report

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thumbnail Jobless claims unexpectedly rise to 248K in latest report
Feb 17th 2022, 15:45, by Reuters

The number of Americans filing new claims for jobless benefits unexpectedly rose last week, but remained at levels associated with tightening labor market conditions. Initial claims for state unemployment benefits increased 23,000 to a seasonally adjusted 248,000 for the week ended Feb. 12, the Labor Department said on Thursday. Economists polled by Reuters had forecast 219,000 applications for the latest week. Claims had been declining since hitting a...

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