Weekly Jobless Claims Soar. Is Omicron Setting Back Our Economic Recovery?

·3 min read
Weekly Jobless Claims Soar. Is Omicron Setting Back Our Economic Recovery?

In December, the national unemployment rate reached its lowest level since the start of the pandemic. For the week ending Jan. 15, new unemployment claims totaled 286,000. For context, for the week ending Jan. 8, newly filed jobless claims amounted to 231,000.

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