U.S. Department of Labor "technical error" leaks data: Continuing jobless claims surge
Jinse Finance reported that data released by the U.S. government on Tuesday showed a significant increase in the number of Americans receiving unemployment benefits from mid-September to mid-October. This suggests that the unemployment rate in October may remain at a relatively high level, as an uncertain economic environment dampens companies' willingness to hire. A spokesperson for the Department of Labor stated, "Technical issues led to some data being released ahead of schedule," adding, "We are currently working to correct this issue, and the complete data series will be released by the close of business on November 20, 2025." The data showed that for the week ending October 18, the number of people continuing to receive unemployment benefits after their initial claim (an indicator considered a proxy for hiring conditions) increased by 10,000 to 1.957 million after seasonal adjustment. The number of continued claims jumped significantly from 1.916 million for the week ending September 13. (Golden Ten Data)
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