Insurance

Jobless claims leap to 230,000 as the labor market's recovery turns choppy

3 days ago   |   By Business Insider

Hundreds of people line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort, Kentucky, U.S. June 18, 2020. Bryan Woolston/Reuters
Jobless claims rose to 230,000 last week, leaving filings back around pre-crisis levels.
The print landed above the median economist estimate of 200,000 claims.
Continuing claims fell to 1.56 million for the week that ended January 1, beating estimates.
More people filed for unemployment insurance last week as new data showed the US jobs recovery taking a step back. Jobless claims totaled 230,000 last week...
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