Omicron Job Loss? Unemployment Claims Unexpectedly Spike One Week After Steep Drop In Jobless Benefits Numbers
The number of new unemployment claims unexpectedly jumped for the second week in a row this month,

About 230,000 people filed initial jobless claims in the week ending January 8, an increase of 23,000 from the previous week, according to the weekly data released Thursday. Economists were only expecting about 200,000 new claims last week, according to Bloomberg data.

“This may well be the first report suggesting Omicron is leading to new job loss,” Bankrate senior economic analyst Mark Hamrick wrote in a Thursday note, pointing out the largest increases were reported in California and New York, where new claims totaled more than 20,000 combined.

Read more: https://onlinemarketingscoops.com/omicron-job-loss-unemployment-claims-unexpectedly-spike-one-week-after-steep-drop-in-jobless-benefits-numbers/

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