Jobless Claims Rise Above Expectations to Highest Level in a Month

Jobless Claims Rise Above Expectations to Highest Level in a Month
A customer walks behind a sign at a Nordstrom store seeking employees, in Coral Gables, Fla., on May 21, 2021. Marta Lavandier/AP Photo
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

The number of U.S. workers who filed for unemployment rose above expectations last week to the highest level in a month, new government figures show.

First-time filings for unemployment insurance—a proxy for layoffs—came in at 351,000 for the week ending on Sept. 18, an increase of 16,000 from the previous week’s revised level of 335,000, the Labor Department said in a statement (pdf). That’s the highest number of weekly claims since the week of Aug. 21, when it reached 354,000. The consensus forecast cited by FXStreet was for 320,000 claims.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
twitter
Related Topics