Jobless Claims in US / 14,000 to 348,000 in the week ended Feb. 22, one-month high

More Americans than forecast filed applications for unemployment benefits last week, a sign the labor market is improving in fits and starts.

Jobless claims increased by 14,000 to 348,000 in the week ended Feb. 22, exceeding all forecasts in a Bloomberg survey and the highest level in a month, from 334,000 in the prior period, a Labor Department report showed today in Washington. A Labor Department spokesman said no states were estimated and there was nothing unusual in the data.

Cold temperatures and winter storms have damped progress in the housing and labor market, indicating growth slowed in the first two months of the year. More seasonable weather will probably help the world’s largest economy rebound in co

via Jobless Claims in U.S. Climbed Last Week to One-Month High – Bloomberg.

From the Official DOL Press Release

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