US Initial Jobless Claims Pick Up, Still Near Pre-Covid Levels
- New applications for benefits rose to 219,000 last week
- Continuing claims increased to 1.89 million the week before
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Initial applications for US unemployment benefits picked up last week but remained relatively subdued.
New claims increased by 11,000 to 219,000 in the week ended Feb. 1. The median forecast in a Bloomberg survey of economists called for 213,000 applications.