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JPME - Weekly Initial Claims For Unemployment Benefits Rise Slightly
JPMorgan Diversified Return U.S. Mid Cap Equity
Initial claims for regular state unemployment insurance increased by 23,000 for the week ending February 12, coming in at 248,000.
The four-week average fell in the latest week – the second decrease in a row and the largest decline since December 11, 2021 – coming in at 243,250, a drop of 10,500.
The latest results for the combined Federal and state programs put the total number of people claiming benefits in all unemployment programs at 2.064 million for the week ended January 29, a drop of 36,295 from the prior week.