International Economic

US initial jobless claims soar by 22,000

By Iain Gilbert

Date: Thursday 27 Feb 2025

(Sharecast News) - Americans lined up for unemployment benefits at a accelerated clip in the week ended 22 February, according to the Labor Department.
Initial jobless claims surged by 22,000 to 242,000 last week, the biggest increase in more than two months and far above expectations for a broadly flat reading...

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