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 The Silver Institute: Demand Soars to Near-Record Highs in 2024 READ MORE Treasury Yields Drop as Inflation Data Bolsters Rate Cut Hopes READ MORE Europe Rallies on French Election, US Awaits Jobs Data READ MORE China's GDP Growth Slumps to 5-Quarter Low, Raising Concerns for Xi's Economic Strategy READ MORE Concerns Arise Over CPI Data Accuracy with Response Rates Lagging READ MORE Add a Comment Cancel replyYour email address will not be published.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