US Jobless Benefit Claims Edge Down

WASHINGTON — 

New claims for jobless benefits fell in the United States last week, the Labor Department reported Thursday, as many employers hung on to the workers they have and searched for more.

The agency said 238,000 unemployed workers filed for compensation, down 23,000 from the revised figure of the week before. The new total was in line with the claim figures from recent weeks as the U.S. economy, the world’s largest, continues to recover from the havoc inflicted on it by the advance of the coronavirus pandemic that swept into the country nearly two years ago.

Analysts now are awaiting the government’s release Friday of January’s employment picture in the U.S., the number of new jobs created last month and the unemployment rate, which was 3.9% in December.

The U.S. economy added a modest 199,000 new jobs in December, and analysts say January’s figure may not be much different, perhaps even smaller, as the number of new omicron…

Read more…