New unemployment claims saw a minor uptick last week, reaching 199,000. This figure remained below the 200,000 mark for the fifth consecutive week. The labor market continues to show stability due to low layoff rates. Employers are experiencing sluggish hiring amidst economic headwinds. Continuing claims for unemployment benefits also decreased.
Washington, D.C.
https://hr.economictimes.indiatimes.com/news/workplace-4-0/talent-management/us-weekly-jobless-claims-rise-marginally-amid-low-layoffs/134985404?utm_source=latest_news&utm_medium=homepage