Americans Seeking Unemployment Benefits Increases as Claims Reach Three-Year High

Reported about 9 hours ago

Jobless claims in the U.S. rose modestly last week, with a total of 1.9 million Americans now receiving unemployment benefits, the highest level in over three years. The Labor Department reported applications for benefits increased by 6,000 to 223,000 for the week ending January 18, indicating potential job market challenges despite an overall strong economy. Recent figures show job growth remains robust, yet layoff announcements from notable companies raise concerns about future employment stability.

Source: YAHOO

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