US jobless benefits applications rise slightly, but still at historically low levels

US jobless benefits applications rise slightly, but still at historically low levels

More Americans applied for jobless benefits last week, but the number of layoffs remains historically low. Despite the slight increase to 215,000 applications, the overall trend is positive. The four-week average of claims actually fell to 212,500, indicating a stable job market. Additionally, US employers added 353,000 jobs in January, showing continued growth and opportunity. The unemployment rate remains low at 3.7%, providing hope for those seeking employment. 📈🇺🇸