More Americans Apply for Unemployment Benefits But Layoffs Still Historically Low There’s been a noticeable uptick in Americans seeking jobless benefits, with applications hitting the highest level in nearly three months. Last week, filings for unemployment benefits jumped to 224,000, marking an increase of 9,000 from the week prior. Despite this rise, the broader context shows that layoffs are still significantly low by historical standards. The less fluctuating four-week average of claims also saw a rise, moving up by 5,250 to reach 207,750. This indicates a slight shift in the job market dynamics, though the overall health of the employment sector remains robust. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts US inflation increases moderately; consumer spending boosts Q2 outlook READ MORE Economist warns of urgent US ‘debt detox’: We’re going to be in a recession before people know it READ MORE Fed’s Powell: Elevated inflation will likely delay rate cuts this year READ MORE U.S. oil falls below $83 as war fears ease after Israel refrains from immediate Iran counterattack READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
