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Jobless Claims Rise More Than Expected Due to Losses Incurred by Hurricane Ian
A resident of San Carlos Island in Fort Myers, Fla., rests at a damaged gas station in the aftermath of Hurricane Ian on Oct. 1, 2022. Giorgio Viera/AFP via Getty Images
U.S. jobless claims rose more than expected last week, for the highest level of claims since late August, after Florida was hit by Hurricane Ian.
The labor market has remained strong overall, and many firms are still hoarding workers even as the economy begins to slow, and many positions remain open.
