Labor Department Reports US Weekly Unemployment Claims Dropped at End of January

Labor Department Reports US Weekly Unemployment Claims Dropped at End of January
People line up outside a hoping to find assistance with their unemployment claim in a file photo. Bryan Woolston/Reuters
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A Labor Department report on Feb. 3, showed that the number of Americans filing new weekly jobless claims fell 23,000 to 238,000, more than expected last week, as the Omicron variant subsided, a second straight weekly decline.

Economists polled by Reuters had earlier forecast 245,000 jobless benefit applications.

Jobless applications fell sharply in Ohio, Kentucky, and Illinois, offsetting rises in Michigan, California, Indiana, and Pennsylvania.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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