Jobless claims surge after Thanksgiving, but low layoffs is still the norm in the labor market

2 months ago 115

The number of people who applied for unemployment benefits after Thanksgiving jumped to a three-month high, but the increase was exaggerated by the holiday and there’s little evidence of rapidly rising U.S. layoffs.

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Jobless claims surge after Thanksgiving, but low layoffs is still the norm in the labor market

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