US unemployment claims inched higher, but remain very low
Slightly more Americans applied for unemployment benefits last week as the labor market remains one of the healthiest parts of an uneven U.S. economy.
Share:
More Stories
0:21
FDA: More than 2 million cans of Jarritos Coconut Water recalled over seal concerns
15h ago0:51
Party City closing down all of its stores, company says
18h ago0:56
Teamsters say Amazon workers will strike at multiple facilities as union seeks labor contract
2ds ago
Supreme Court will hear arguments over the law that could ban TikTok in the US if it's not sold
2ds ago3:12
be Well: It's not too late to get the hottest toys this holiday season!
4ds ago2:36
be Well: Ideas to decorate your table, chairs and ornaments
4ds ago0:21
FDA: More than 2 million cans of Jarritos Coconut Water recalled over seal concerns
15h ago0:51
Party City closing down all of its stores, company says
18h ago0:56
Teamsters say Amazon workers will strike at multiple facilities as union seeks labor contract
2ds agoSupreme Court will hear arguments over the law that could ban TikTok in the US if it's not sold
2ds ago3:12
be Well: It's not too late to get the hottest toys this holiday season!
4ds ago2:36
be Well: Ideas to decorate your table, chairs and ornaments
4ds agoSlightly more Americans applied for unemployment benefits last week as the labor market remains one of the healthiest parts of an uneven U.S. economy.
Jobless claims for the week ending Oct. 22 inched up by 3,000 to 217,000 from 214,000 the previous week, the Labor Department reported Thursday.
The four-week moving average rose to 219,000 from 212,250 the previous week.
Applications for jobless claims, considered a proxy for layoffs, have remained historically low even as the Federal Reserve has cranked up its benchmark borrowing rate in an effort to cool the economy and tame inflation.
The total number of Americans collecting unemployment aid rose by 55,000 to 1.44 million for the week ending Oct. 15, its highest level in seven months.
More from News 12
1:56
STORM WATCH: Morning snow showers followed by partly cloudy skies on Long Island
0:21
MTA: Train strikes car in Central Islip; multiple delays reported
0:23
Long Beach man pleads guilty to selling illegal guns in front of his home
0:30
Police: 72-year-old man killed in Long Beach crash
1:46
WWII veteran from LI receives French Legion of Honor Medal
1:47
