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mahatmakanejeeves

(60,961 posts)
Thu Dec 28, 2023, 08:48 AM Dec 2023

US Initial Jobless Claims Increased Last Week to 218,000

Economics Jobs

US Initial Jobless Claims Increased Last Week to 218,000

By Augusta Saraiva
December 28, 2023 at 8:33 AM EST
Updated on December 28, 2023 at 8:38 AM EST

Initial applications for US unemployment benefits increased last week to a level that remains consistent with a resilient labor market.

First-time claims rose by 12,000 to 218,000 in the week ended Dec. 23. The figures tend to be volatile around the holidays. The four-week moving average, which offers a clearer picture of the trend, was little changed at 212,000 last week, the lowest since late October.

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Economic Report

Jobless claims rise for second straight week

Published: Dec. 28, 2023 at 8:34 a.m. ET
By Greg Robb

Requests for state unemployment insurance up 12,000 to 218,000

Story developing. Stay tuned for updates here.

The numbers: Initial jobless claims rose by 12,000 to 218,000 in the week ended Dec. 23, the Labor Department said Thursday.

Economists polled by The Wall Street Journal had estimated new claims would rose to 215,000.

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