Weekly Jobless Claims rise

Photo by: WDAY Radio Staff
Photo by: WDAY Radio Staff

(Washington, DC) -- Weekly jobless claims are up.

Government figures out Thursday show claims rose by seven-thousand last week, landing at 198-thousand. That's a few thousand more than most analysts had expected.

Another key economic report that's sure to get a lot of attention Thursday is the GDP report.

The nation's gross domestic product, meaning the economy's total output of goods and services, grew at a rate of two-point-six percent in the fourth quarter of 2022 despite rising interest rates.

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