US jobless claims rose by 13,000 to 215,000 last week, surpassing the estimated 210,000.

US jobless claims rose by 13,000 to 215,000 last week, higher than the estimated 210,000, but historically low despite recent layoffs. The number of people collecting jobless benefits increased to 1.9 million, up 45,000 from the previous week and the most since November. Weekly unemployment claims, viewed as representative of layoffs, have remained at historically low levels since the pandemic.

February 29, 2024
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