Slightly more Americans apply for unemployment, but layoffs remain relatively low

Date:

Share post:


Slightly more Americans applied for jobless benefits last week, but layoffs remained in the same recent healthy range.

The number of Americans filing for jobless benefits rose by 5,000 to 219,000 for the week ending February 15, the Labor Department said Thursday. Analysts projected that 215,000 new applications would be filed.

Weekly applications for jobless benefits are considered a proxy for layoffs.

The four-week average, which evens out some of the week-to-week volatility, fell by 1,000 to 215,250.

The total number of Americans receiving unemployment benefits for the week of February 8 rose to 1.87 million, an increase of 24,000 from the previous week.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

Apple drops encryption feature for UK users after government reportedly demanded backdoor access

LONDON -- Apple said Friday it will stop offering an advanced data security option for British users...

January home sales fall as high mortgage rates, prices freeze out would-be buyers

LOS ANGELES -- Sales of previously occupied U.S. homes fell in January as rising mortgage rates and...

Refugees and their sponsors feel stuck after halt to programs letting communities resettle newcomers

MIAMI -- Refugees had been arriving in the United States at levels unseen in nearly three decades,...

Australia warns airlines to beware of a potential Chinese navy live-fire exercise in the Tasman Sea

MELBOURNE, Australia -- Australia warned airlines flying between Australian airports and New Zealand to beware of Chinese...

South Korea requests to be excluded from Trump's efforts to increase tariffs

SEOUL, South Korea -- South Korean officials have asked the Trump administration to exclude their country from...

Could Trump really return DOGE savings to taxpayers?

WASHINGTON -- An idea first proposed on social media has bubbled up to the White House and...

Florida files suit against Target, claiming DEI initiatives 'misled investors'

TALLAHASSEE, Fla. -- Florida's new attorney general filed a federal court lawsuit against Target on Thursday, claiming...

Average US rate on a 30-year mortgage slips to 8-week low

The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a...