Jobless claims held steady, unemployment apps at 3 year high
Dec 27, 2024
(CNN)– First time filing for unemployment held steady last week indicating layoff activity remains low.
That’s according to a report from the U.S. Department of Labor.
There were an estimated 219 thousand initial jobless claims filed during the week of December 21.
That’s a drop of one thousand from the week before.
However, the number of people receiving ongoing jobless benefits hit a three year high, a signal that it’s harder for job seekers to find work.
Categories: News
Tags: U.S. economy