Jobless claims rose sharply last week to 286,000. The labor market, a source of economic growth, faces headwinds as Omicron cases remain high.
Filings for jobless claims rose sharply from near the lowest levels on record, as workers and businesses contend with Omicron-related disruptions in a tight labor market.
during the week that ended on Jan. 15, following an increase for the week ended Jan. 8, the Labor Department said Thursday. The four-week average, which smooths out volatility, was 231,000, an increase of 20,000 from last week’s average.
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