U.S. Jobless Claims Rise to 252,000 Amid Holiday Volatility
U.S. Jobless Claims Rise to 252,000 Amid Holiday Volatility 3(Bloomberg) — Applications for unemployment benefits increased more than expected to a two-year high amid seasonal volatility in an otherwise stable labor market. Jobless claims rose by 49,000 to 252,000 in the week ended Dec. 7, Labor Department data showed Thursday. The figure was just above the highest forecast in Bloomberg’s survey.
News story posted on 2019-12-12T14:03:00.0000000Z