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 Mortgage Markets Shudder as Interest Rates Soar Past 7% READ MORE Nasdaq and S&P 500 Continue to Climb, Celebrating Stellar February READ MORE Biden Administration Erases $1.2 Billion in Student Debt for 150,000 Americans READ MORE Global silver production to grow by 4.1% in 2024, amid operation resumption READ MORE BRICS Nations' Gold Rush: Safeguarding Economies Against US Recession Fears READ MORE Add a Comment Cancel replyYour email address will not be published.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