New unemployment claims rise more than expected

New unemployment claims rise more than expected

A sign seeking to hire laborers is posted May 5, 2021, outside a concrete products company in Evans City, Pennsylvania. (The Center Square) – New federal jobs data released Thursday showed new unemployment claims rose more than expected.

The U.S. Department of Labor reported that 362,000 people filed for first-time unemployment benefits in the week ending Sept. 25, an increase of 11,000 from the previous week’s unrevised figures.

Last week, the DOL reported that 351,000 people filed for the benefits for the week ending Sept. 18, an increase of 16,000 claims from the week before.“The 4-week moving average was 340,000, an […]

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