Last week, new applications for unemployment benefits in the United States increased by 2,000 to 230,000 | Dong-A Ilbo
US Unemployment Claims Rise Slightly, But Layoffs Remain Low
Historically Low Levels Persist Despite Rising Interest Rates
The US Department of Labor announced on September 12 that the number of new applications for unemployment benefits during the week ending September 7 increased by 2,000 to 230,000, consistent with economists’ expectations.
The four-week average of claims, which smooths out weekly volatility, rose 500 to 230,750, indicating a stable trend in layoffs.
The total number of Americans receiving unemployment benefits for the week ended August 31st increased by about 5,000, remaining at 1.85 million, a historically low level.
Despite a slight increase in new claims for unemployment benefits since the start of the year, layoffs remain low by historical standards, suggesting a resilient labor market.