Archive · 19 Nov 2025

US Jobless Claims Surge Amidst Government Shutdown

US Jobless Claims Surge Amidst Government Shutdown

Due to a government shutdown, the U.S. Labor Department didn't release jobless claims data for a while.

When they finally did, they showed that the number of people receiving unemployment benefits increased significantly between mid-September and mid-October.

This suggests that the unemployment rate might have been high in October.

Meanwhile, homebuilder sentiment stayed low in November.

Sources