The volume of recurring applications for unemployment benefits rose to its highest volume in more than three years, signaling that it’s taking longer than usual for people out of a job to find work.
The number of Americans receiving continued unemployment benefits rose to 1.91 million for the week of Dec. 14, according to Labor Department data. That’s a week-to-week increase of 46,000 claims, and represents the highest number of Americans collecting recurring unemployment benefits since November 2021, according to the Associated Press.
