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Fraud in Massachusetts inflates spike in jobless claims. U.S. layoffs still low.

Por: MarketWatch Politics May 19, 2023

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In the same week of May in 2022, by contrast, new unemployment filings in the state totaled just around 4,000. A sharp upturn in new claims in Massachusetts starting around late February, as it turns out, largely fueled the increase in total U.S. jobless claims. They jumped to a seasonally adjusted 264,000 in the first week of May from 221,000 a few months earlier. Read: Does this mean layoffs in the U.S. haven’t risen at all this year? No.... + full article



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