lavin
2022-01-20
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Jobless Claims Jump to 286,000, Highest Level since October
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One bright spot in the data showed that the four-week moving average for continuing claims, which irons out weekly volatility, declined by 55,250 to 1.664 million, the lowest since the week ended April 27, 2019.</p><p>Total recipients of all unemployment compensation programs rose by 180,114 to 2.13 million, according to data through Jan. 1.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168802132","content_text":"Jobless claims took an unexpected turn higher last week in a potential sign that the wintertime omicron surge was hitting the employment picture.Initial filings for the week ended Jan. 15 totaled 286,000, well above the Dow Jones estimate of 225,000 and a substantial gain from the previous week’s 231,000.The total was the highest since the week of Oct. 16, 2021 and marks a reversal after claims just a few weeks ago had hit their lowest level in more than 50 years.Continuing claims, which run a week behind the headline data, also shot up, rising 84,000 to 1.64 million. 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