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Biden Economy: Unemployment Claims Rise Yet Again, Reaching 222,000

Suben nuevamente las solicitudes de subsidio por desempleo: se ubican en 222,000

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Weekly jobless claims rose slightly to 222,000 last week from 199,000 the week before, the Bureau of Labor Statistics (BLS) reported Thursday.

Meanwhile, the four-week average number of claims, a measure that offsets weekly ups and downs, declined to 238,750, compared to 252,250 in the previous week.

According to BLS, there were 1.95 million people receiving this welfare benefit in the week ending November 20, compared with 2.04 million the previous week, and is at the lowest level since the beginning of March 2020 when the COVID-19 pandemic hit the United States.

The unemployment rate in October fell two-tenths to 4.6%, a year and a half after it jumped to 14.4% in April 2020.

The Labor Department will release the unemployment rate data for the month of November this Friday.

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