Jobless claims took an unexpected turn higher last week in a potential sign that the wintertime omicron surge was hitting the employment picture.
Initial filings for the week ended Jan. 15 totaled 286,000, well above the Dow Jones estimate of 225,000 and a substantial gain from the previous week’s 231,000.
The total was the highest since the week of Oct. 16, 2021, and marks a reversal after claims a few weeks ago reached their lowest level in more than 50 years.
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