EconomyUS jobless claims rise to 199,000, while layoffs remain historically low
The number of Americans seeking unemployment benefits increased last week to 199,000. Layoffs, however, continue to sit within the historically healthy range seen over the past several years. The latest figures point to an uptick in benefit applications without a comparable deterioration in layoffs. The labor market therefore remains broadly resilient despite the weekly rise.
US jobless claims rise to 199,000, while layoffs remain historically low
