The most Americans in seven months applied for unemployment benefits in mid-January, perhaps a sign that the rate of layoffs in the U.S. has risen slightly from record lows.
As Jeffry Bartash for Market Watch:
The number of Americans applying for unemployment benefits in mid-January reached seven-month highs, perhaps a sign that the rate of layoffs in the U.S. has risen slightly from record lows.
Initial jobless claims climbed a seasonally adjusted 10,000 to 293,000 in the seven days stretching from Jan. 10 to Jan 16, the government said Thursday. That’s the highest level since last July.
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You can see this animated graph on the Market Watch Website