Initial claims for U.S. state unemployment benefits rose 18,000 to 409,000 in the January 1 holiday week, the U.S. Labor Department reported Thursday. Economists polled by MarketWatch had expected initial claims in the week of Jan. 1 to total about 400,000 on a seasonally adjusted basis. The prior week’s number was revised up by 3,000 to 391,000.
Risk Our Money Not Yours | Get 50% Off Any Account
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Tomorrow’s jobs report should be interesting. ADP released a very optimistic report earlier this week, but the accuracy is questionable.