Economics
U.S. Jobless Claims Decline for Second Week as Omicron Eases
- Applications for unemployment benefits drop to 238,000
- Decrease helps to unwind a recent spike in claims amid omicron
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Applications for U.S. state unemployment insurance fell for a second week, partially unwinding a recent spike in claims as the omicron wave recedes.
Initial unemployment claims decreased by 23,000 to 238,000 in the week ended Jan. 29, Labor Department data showed Thursday. The median estimate called for 245,000 applications in a Bloomberg survey of economists.