By Gabriel T. Rubin
Filings for jobless claims rose sharply from near the lowest levels on record, as workers and businesses contend with Omicron-related disruptions in a tight labor market.
Initial claims for unemployment benefits, a proxy for layoffs, rose to 286,000 during the week ended Jan. 15, following an increase for the week ended Jan. 8, the Labor Department said Thursday. The four-week average, which smooths out volatility, was 231,000, an increase of 20,000 from last week's average.
Write to Gabriel T. Rubin at gabriel.rubin@wsj.com
(END) Dow Jones Newswires
01-20-22 0858ET
