Applications for U.S. jobless benefits roseate to a three-month precocious past week but remained wrong the aforesaid steadfast scope of the past 3 years.
The fig of Americans filing for jobless benefits roseate by 22,000 to 242,000 for the week ending Feb. 22, the Labor Department said Thursday. Analysts projected that 220,000 caller applications would beryllium filed.
Weekly applications for jobless benefits are considered a proxy for layoffs.
The four-week average, which evens retired immoderate of the week-to-week volatility, climbed by 8,500 to 224,000.
The full fig of Americans receiving unemployment benefits for the week of Feb. 15 fell by 5,000 to 1.86 million.