Claims went up 13.1 percent over the previous week.
The Labor Department reported that the number of people in the U.S. who are receiving unemployment benefits rose last week to 1.875 million. Even when the data is seasonally adjusted, the rise is significant, up by 31,670 claims, or 13.1 percent, from the prior week.
The U.S. Chamber of Commerce states, at the same time, that there are 3 million jobs open across the nation and not enough workers to fill them. They say there has been a decline in America’s labor force participation. The Chamber reports that more than 34 million Americans quit their jobs in 2023.
As the Lord Leads, Pray with Us…
- For Commissioner William Wiatrowski as he oversees the Bureau of Labor Statistics.
- For Acting Secretary Julie Su to be discerning as she heads the Labor Department.
- For president and CEO of the U.S. Chamber of Commerce Suzanne Clark as she relays economic, business, and labor information.
Sources: Just The News, U.S. Chamber of Commerce, Wall Street Journal
