Weekly Jobless Claims Climb by 1,000
(WASHINGTON) — Amid the government shutdown, the Labor Department released its weekly unemployment insurance claims report on Thursday, showing that the number of people filing for benefits rose slightly in the final week of September.
For the week ending Sept. 28, the agency says jobless claims ticked up to 308,000. The previous week, claims stood at 307,000.
The four-week average, meanwhile, dropped, falling by 3,750 to 305,000.
The shutdown will, however, likely delay the Labor Department’s release of its monthly employment report for September, which was set to go public at 8:30 a.m. ET Friday.
On Wednesday, payroll firm ADP released its latest payroll report, indicating that 166,000 private sectors jobs were added last month. That could be the best gauge the country gets on how the jobs market fared in September.
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