Initial jobless claims in the United States rose by 6,000 to 223,000 for the week ending January 18. This figure exceeded the consensus forecast of 221,000 and was higher than the previous week’s unrevised count of 217,000. The four-week moving average, which smooths out weekly volatility, also climbed by 750 to reach 213,500. These statistics, released by the Department of Labor, highlight a slight uptick in unemployment claims, suggesting a nuanced shift in the labor market dynamics.
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