California unemployment claims rocket higher, pointing to weak job market

California unemployment claims rocket higher, pointing to weak job market

3 years ago
Anonymous $rH7oE7DjRg

https://www.siliconvalley.com/2021/02/18/california-unemployment-claims-higher-weak-job-market-covid-economy/

Unemployment claims in California have skyrocketed to their highest level in more than a month, officials reported Thursday, a grim sign that coronavirus-linked business shutdowns continue to weaken the state’s frail job market.

California workers filed 158,600 initial claims for unemployment during the week that ended on Feb. 13, up 20,660 from the 137,940 jobless claims filed the week of Feb. 6, the U.S. Labor Department reported.

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