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U.S. Jobless Claims Rise to Six-week High, Boosted by California Wildfires
The number of continued unemployment Insurance recipients in the U.S. is the highest since November 2021, following a decline in dollar Buy.
The number of new unemployment Insurance claims in the USA announced by the Labor Department for the week ending January 18 increased by 6,000 from the previous week to 0.223 million, which was a greater increase than expected compared to the previous 0.217 million, marking the highest level in almost a month since early December last year. This is the second consecutive week of increases. The number of people continuing to receive unemployment Insurance benefits as of January 11 rose to 1.899 million, an increase from the previous 1.853 million, marking the highest level since November 2021. Claims increased in California, where large-scale wildfires have been causing damage. USA bond market.
IWM ETF Rises 0.5%