Jobless claims jump to two-month high in a cautionary sign, but holidays may be to blame

Initial jobless claims rose by 17,000 to 242,000 in the week that ended Dec. 7, the Labor Department said Thursday. That’s the highest level since mid-October.

Topics

Weekly Jobless Claims Rise Unexpectedly

New unemployment claims for the week ending Dec. 7 totaled 242,000, higher than economist’ forecasts of 220,000.
Inc. - 2h
A Beloved Toy Store Is Closing This Holiday Season. Are Shifting Social Media Algorithms to Blame?

Keewa Nurullah’s Kido boutique in Chicago’s South Loop found its stride online. Now, Instagram may be the Grinch.
Inc. - 4h
Treasury yields hold steady after data on producer prices, jobless claims

Yields on U.S. government debt were little changed to slightly higher Thursday morning after the overall producer-price index for November came in above expectations while weekly initial jobless ...
MarketWatch - 2h
People jumping in front of cars to get injury payouts sparks a grim holiday warning in South Africa

A trend in South Africa of people jumping in front of slow-moving cars to get compensation payouts for injuries has drawn a warning from the government’s national Road Accident Fund
ABC News - 1d
People jumping in front of cars to get injury payouts sparks a grim holiday warning in South Africa

Yahoo News - 1d
Canada's jobless rate jumps to near 8-year high of 6.8% in November

Yahoo News - 6d
Jobless claims show extremely low layoffs amid sturdy U.S. economy

The number of Americans who applied for unemployment benefits during Thanksgiving rose to a six-week high, but jobless claims stayed at extremely low levels in a clean bill of health for the U.S. ...
MarketWatch - Dec. 5
Car sales jump to 3 1/2-year high. Big incentives for buyers are back.

Sales of new cars and trucks rose in November to the highest level in three-and-a-half years, helped by bigger incentives for car buyers as dealers sought to clear out excess inventories.
MarketWatch - Dec. 4

Jobless claims jump to two-month high in a cautionary sign, but holidays may be to blame

Topics

Related

Weekly Jobless Claims Rise Unexpectedly

A Beloved Toy Store Is Closing This Holiday Season. Are Shifting Social Media Algorithms to Blame?

Treasury yields hold steady after data on producer prices, jobless claims

People jumping in front of cars to get injury payouts sparks a grim holiday warning in South Africa

People jumping in front of cars to get injury payouts sparks a grim holiday warning in South Africa

Canada's jobless rate jumps to near 8-year high of 6.8% in November

Jobless claims show extremely low layoffs amid sturdy U.S. economy

Car sales jump to 3 1/2-year high. Big incentives for buyers are back.

More from MarketWatch

Tesla’s market cap soars by $240 billion amid stock’s win streak to record highs

Why a rate cut? Fed’s favorite price gauge likely to show tamer ‘core’ inflation.

‘The odds of winning are far better than a trip to Vegas’: I’m 76, still working and playing the stock market. Am I gambling?

Oil prices fall as IEA sees global market ‘comfortably supplied’ next year

Morgan Stanley says these are the biggest questions about stocks for 2025