WASHINGTON (AP) — More Americans filed for unemployment benefits past week, but U.S. layoffs stay successful the aforesaid historically steadfast scope of the past fewer years.
Applications for unemployment benefits for the week ending Aug. 16 roseate by 11,000 to 235,000, the Labor Department reported Thursday. That’s somewhat much than the 229,000 caller applications that economists had forecast.
Weekly applications for jobless benefits are seen arsenic a proxy for layoffs and person mostly settled successful a historically steadfast scope betwixt 200,000 and 250,000 since the U.S. began to look from the COVID-19 pandemic much than 3 years ago.
The four-week mean of claims, which softens immoderate of the week-to-week swings, roseate by 4,500 to 226,500.
The full fig of Americans collecting unemployment benefits for the erstwhile week of Aug. 9 jumped by 30,000 to 1.97 million, the astir since November 6, 2021.