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US weekly jobless claims increase; labor market conditions still healthy
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WASHINGTON, Jan 16 (Reuters) - The number of Americans filing new applications for unemployment benefits increased more than expected last week, but remained at levels consistent with a healthy labor market.
Initial claims for state unemployment benefits rose 14,000 to a seasonally adjusted 217,000 for the week ended Jan. 11, the Labor Department said on Thursday. Economists polled by Reuters had forecast 210,000 claims for the latest week.
Claims data tend to be volatile at the start of the year, but have continued to signal low layoffs that are underpinning the labor market and broader economy.
Nonfarm payrolls increased by 256,000 jobs in December while the unemployment rate dropped to 4.1% from 4.2% in November.
>https://www.reuters.com/markets/us/us-weekly-jobless-claims-increase-labor-market-conditions-still-healthy-2025-01-16/
Israel Delays Cabinet Vote on Cease-Fire Deal, Blames Hamas for Reneging
>https://www.nytimes.com/live/2025/01/16/world/israel-hamas-gaza-cease-fire