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Jobless claims unexpectedly rise to 230,000 as omicron surges

Labor market continuing to recover from coronavirus pandemic

Published 14 mins ago By Megan Henney

FTA
The number of Americans filing for unemployment benefits unexpectedly climbed to the highest level since mid-November as an unprecedented surge in COVID-19 cases driven by the highly contagious omicron variant threatened to undermine the economy’s recovery.

Figures released Thursday by the Labor Department show that applications for the week ended Jan. 8 rose to 230,000 from 207,000 a week earlier, missing the 200,000 forecast by Refinitiv analysts.

https://www.foxbusiness.com/economy/initial-jobless-claims-coronavirus-january-8

3,051 posted on 01/13/2022 6:02:31 AM PST by gubamyster

UNEXPECTEDLY!

There’s that word again.

And this is the best US economy since 1776—just ask Pudding Head!

3,056 posted on 01/13/2022 6:06:51 AM PST by exit82 (Either the Democrat Party will survive or America will survive. But not both.)

3,078 posted on 01/13/2022 6:45:26 AM PST by Rusty0604 (" When you can't make them see the light, make them feel the heat." -Ronald Reagan)

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