Jobless Claims <br />Reach Highest Level , Since October in the United States.<br />CNBC reports jobless claims in the <br />United States have taken a turn for the worse.<br />As this winter's surge of the <br />Omicron variant continues, filings for the week ending Jan. 15 totaled 286,000.<br />Experts say this is a substantial gain from <br />the previous week's 231,000 new filings.<br />The exploding amount of jobless <br />claims comes after they were at their <br />lowest levels in over 50 years just weeks ago.<br />The exploding amount of jobless <br />claims comes after they were at their <br />lowest levels in over 50 years just weeks ago.<br />Omicron has put a wrench in where we stand on the labor market front, Mike Loewengart, managing director of investment strategy at E-Trade, via CNBC.<br />... but with hiring challenges, employers are likely trying to hold on to their workforce. , Mike Loewengart, managing director of investment strategy at E-Trade, via CNBC.<br />Market experts are hopeful that the unexpected rise in jobless claims <br />is a flash in the pan.<br />...This could be a short-term surge in jobless claims. , Mike Loewengart, managing director of investment strategy at E-Trade, via CNBC.<br />According to CNBC, the total amount of recipients receiving unemployment compensation in the United States rose to <br />2.13 million through Jan. 1.<br />In all, the country's unemployment <br />rate has fallen to 3.9%.<br />Per the U.S. Department of Labor, the total employment level in the country remains 2.9 million less than in February 2020, just preceding the onset of the COVID-19 pandemic
