Jobless claims soar to a more than 2-year high of 252,000 in wake of Thanksgiving
December 12, 2019 at 08:33 AM EST
The number of Americans who applied for unemployment benefits in early December soared to highest level in more than two years, but the spike was likely tied to a later than usual Thanksgiving holiday instead of rising layoffs. Initial jobless claims jumped 49,000 to a seasonally adjusted 252,000.
