The number of new weekly jobless claims in the United States appears to be headed in the wrong direction.
The Labor Department on Thursday said that 1.416 million Americans filed new jobless claims last week, CNBC reports. Not only was this higher than the 1.3 million claims economists had been expecting, but it was also the first time since March that the number of new claims has increased from the previous week, Bloomberg reports. A week prior, there were about 1.3 million new claims.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Gaetz bows out, Trump pivots to Pam BondiSpeed Read Gaetz withdrew from attorney generation consideration, making way for longtime Trump loyalist Pam Bondi
-
'The double standards don't trouble the critics'Instant Opinion Opinion, comment and editorials of the day
-
Today's political cartoons - November 22, 2024Cartoons Friday's cartoons - frozen assets, blazing fires, and more
-
US charges Indian tycoon with bribery, fraudSpeed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
-
Boeing machinists approve contract, end strikeSpeed Read The company's largest union approved the new contract offer, ending a seven-week strike
-
US economy still strong in final preelection reportSpeed Read It grew at a solid 2.8% annual rate from July through September
-
Boeing machinists reject deal, continue strikeSpeed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
-
Ports reopen after dockworkers halt strikeSpeed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
-
Empty-nest boomers aren't selling their big homesSpeed Read Most Americans 60 and older do not intend to move, according to a recent survey
-
Brazil accuses Musk of 'disinformation campaign'Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
-
Disney board fends off Peltz infiltration bidSpeed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
