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The Independent UK
The Independent UK
National
Matt Ott

The number of Americans applying for jobless benefits inches up, but layoffs remain low

Unemployment Inflation Interest Rates
Copyright 2024 The Associated Press. All rights reserved.

The number of Americans applying for unemployment benefits ticked up last week, but layoffs remain historically low in the face of lingering inflation and high interest rates.

Jobless claims for the week ending May 25 rose by 3,000 to 219,000, up from 216,000 the week before, the Labor Department reported Thursday.

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