US Jobless Claims Jump by Most Since 2020 After Holiday Drop
Last edited Thu Dec 11, 2025, 01:19 PM - Edit history (1)
Source: Yahoo! Finance/Bloomberg
Thu, December 11, 2025 at 9:16 AM EST 3 min read
(Bloomberg) -- Applications for US unemployment benefits rose last week by the most since the onset of the pandemic, underscoring the volatile nature of claims at this time of year.
Initial claims increased by 44,000 to 236,000 in the week ended Dec. 6, according to Labor Department data released Thursday. That was the biggest jump since March 2020 and followed the lowest level of applications in more than three years in the previous week, which included Thanksgiving. The figure exceeded all but one estimate in a Bloomberg survey of economists.
Weekly initial claims tend to be choppy around the holidays and will likely continue to fluctuate through the end of the year, but Thursday’s figures are toward the higher end of readings seen in 2025. Companies like PepsiCo Inc. and HP Inc. have laid out plans to reduce headcount in recent weeks, and nationwide layoffs in October were the highest since early 2023.
Pantheon Macroeconomics said the jump in claims suggests layoffs are picking up. Others like High Frequency Economics disagreed, noting that the claims figure is still quite low over a longer period of time. Either way, it’s too hard to make a real judgment about the labor market from these numbers alone given the seasonal noise.
Read more: https://finance.yahoo.com/news/us-jobless-claims-jump-most-135138504.html
From the source (PDF) - https://www.dol.gov/ui/data.pdf
= new reply since forum marked as read
but will add your PDF instead! 
Howard Lutnick just said that, “nothing bad is happening,” and he's a billionaire...so whom should I believe?
It seems like if there were actually unemployed people out there they would also be interviewed on CNBC, so I'm leaning toward believing the billionaire. I mean, why would he lie to me? 
The billionaire oligarchy has been propping up the economy since May? Maybe earlier? They think we're suckers and losers. Just wait until the new health premiums hit. rePUKES really fucked things up with their hatred, homophobia and racism. And the Speaker allegedly has a Grindr account. Ain't that some shit? 
