Thursday, December 31, 2015

Jobless claims rise sharply during holiday week

The number of Americans filing new claims for unemployment benefits rose sharply last week, a potential signal the job market was losing steam although some of the increase might be attributed to temporary holiday factors.   Initial claims for state unemployment benefits rose 20,000 to a seasonally adjusted 287,000 for the week ended Dec.26, the U.S. Labor Department said on Thursday.

Read more at Yahoo News
(Hat tip: KimR)


Post a Comment