U.S. Jobless Claims Soar by Most Since 2012 on Hurricane Harvey

U.S. jobless claims surged last week by the most since November 2012 as tens of thousands of Texans displaced by Hurricane Harvey filed applications to collect benefits, according to Labor Department figures Thursday. Initial jobless claims increased by 62k to seasonally adjusted 298k (est. 245k)...

U.S. Jobless Claims Soar by Most Since 2012 on Hurricane Harvey