Otis Mayfield
Diamond Member
- Sep 17, 2021
- 4,904
- 4,825
- 1,893
- Claims for the week ended Jan. 29 totaled 238,000, a touch lower than the 245,000 Dow Jones estimate.
- Continuing claims on a four-week basis hit their lowest level since 1973.
- Productivity rose more than expected in the fourth quarter, while unit labor costs were less than the Wall Street estimate.
![www.cnbc.com](https://image.cnbcfm.com/api/v1/image/107008482-1643461610284-gettyimages-1238048643-AFP_9XE374.jpeg?v=1643461650&w=1920&h=1080)
Weekly jobless claims total 238,000, fewer than expected
Initial filings for unemployment claims totaled a bit fewer than expected last week as companies looked to overcome the impact of the omicron spread.
Jobless claims are down.
Great news for Joe!