Weekly jobless claims rise more than expected to 362,000
District of Columbia | September 30, 2021
- Weekly jobless claims totaled 362,000 last week, an increase of 27,000 from the previous week and above the 335,000 estimate.
- Continuing claims rose to 2.84 million.
- The economy grew at an annualized pace of 6.7% in the third quarter, slightly above estimates.
Initial jobless claims climbed again last week, rising to 362,000, the Labor Department said Thursday, as hiring appeared to remain sluggish while the U.S. battles the delta variant.
Economists surveyed by Dow Jones had been expecting 335,000 new filings, the same number as the upwardly revised total from the previous week. A surge in claims from California helped account for much of the gains…. (Excerpts from CNBC)