(WASHINGTON) — The number of Americans applying for unemployment benefits rose last week to the highest level since mid-November, but still low by historic standards. U.S. jobless claims climbed by 23,000 last week to 230,000, the Department of Labor said Thursday. The four-week moving average, which smooths out week-to-week blips, rose nearly 6,300 to almost 211,000. The weekly applications, a proxy for layoffs, have risen in four of the last five weeks, a period that runs in tandem with the spread of the omicron variant.
Businesses Are Laying Off Workers During Omicron Surge, Rising U.s. Unemployment Claims Signal
PAUL WISEMAN/AP, Time: Business
Thu, 01/13/2022 - 9:58am
Topics: washington americans u.s department labor ldquo;the nancy vanden houten kathy bostjancic oxford economics altogether jan companies covid-19 march april december a covid and november businesses workers omicron surge unemployment jobs million employers week job jobless recession bounced rose record level openings
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