Jobless claims climb sharply to highest level in nine months

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The numbers: Initial jobless-benefit claims rose by 22,000 to 231,000 in the week ending May 4, the U.S. Labor Department said Thursday. That’s the highest level since last August.

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Economists polled by the Wall Street Journal had estimated that new claims would rise to 214,000.

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Last week, claims rose a revised 1,000 to 209,000, compared with…

www.marketwatch.com/story/jobless-claims-climb-sharply-to-highest-level-in-nine-months-5e799341

pjmedia.com/catherinesalgado/2024/05/09/weekly-jobless-claims-spike-in-latest-bidenomics-fail-n4928914

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