KONTAN.CO.ID - WASHINGTON. The number of Americans filing for unemployment benefits unexpectedly rose last week, hitting their highest level in more than three months, likely as a cold snap kept some workers at home. Initial claims for state unemployment benefits increased 11,000 to a seasonally adjusted 261,000 for the week ended Jan. 6, the highest level since late September, the Labor Department said on Thursday. Claims have now risen for four straight weeks. The increase likely does not suggest a material shift in labor market conditions as claims data tend to be volatile during year-end holidays. Economists polled by Reuters had forecast claims falling to 245,000 in the latest week.
U.S. jobless claims unexpectedly increase for fourth straight week
KONTAN.CO.ID - WASHINGTON. The number of Americans filing for unemployment benefits unexpectedly rose last week, hitting their highest level in more than three months, likely as a cold snap kept some workers at home. Initial claims for state unemployment benefits increased 11,000 to a seasonally adjusted 261,000 for the week ended Jan. 6, the highest level since late September, the Labor Department said on Thursday. Claims have now risen for four straight weeks. The increase likely does not suggest a material shift in labor market conditions as claims data tend to be volatile during year-end holidays. Economists polled by Reuters had forecast claims falling to 245,000 in the latest week.
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