U.S. jobless claims jump to nearly 5-month high of 225,000
November 14, 2019 at 08:32 AM EST
The number of people who applied for jobless benefits last week shot up to a nearly five-month high, but the surprising spike likely stemmed from season quirks just ahead of the holiday season instead of a pronounced increase in layoffs. Initial jobless claims rose by 14,000 to 225,000.
