Weekly Jobless Claims Rise Again After Touching 52-Year Low

Weekly Jobless Claims Rise Again After Touching 52-Year Low
A hiring sign is displayed at a furniture store window in Downers Grove, Ill., on Sept. 17, 2021. Nam Y. Huh/AP Photo
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

The number of workers applying for unemployment benefits in the United States rose last week after hitting a level not seen in over 50 years the week prior, with analysts generally expecting the rebound, in part due to seasonal data adjustments.

First-time filings for unemployment insurance—a proxy for layoffs—came in at 222,000 for the week ending Nov. 27, the Labor Department said in a report (pdf). That’s an increase of 28,000 from the prior week’s revised level of 194,000 and below consensus forecasts of 240,000.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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