Jobless claims unexpectedly climb to 286,000, highest since October
Economists expected 220,000 Americans to file for unemployment benefits last week
Updated on 10 mins ago By Megan Henney
FTA
The number of Americans filing for unemployment benefits unexpectedly climbed to the highest level since mid-October 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. 15 jumped to 286,000 from a revised 231,000 a week earlier, sharply missing the 220,000 forecast by Refinitiv analysts.
https://www.foxbusiness.com/economy/initial-jobless-claims-coronavirus-january-15
Negative statistics during a democrat regime are always unexpected. It’s the other way when there is a Republican in power. Then the positive statistics are unexpected. Very frustrating.