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More Americans apply for jobless benefits last week
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FILE - A help wanted sign is displayed at a restaurant in Arlington Heights, Ill., Monday, Jan. 30, 2023. On Thursday, the Labor Department reports on the number of people who applied for unemployment benefits last week. - photo by AP Photo/Nam Y. Huh, File
More Americans filed for jobless benefits last week, but layoffs remain historically low despite attempts by the Federal Reserve to cool the economy, and hiring, to bring down inflation. Applications for jobless aid in the U.S. for the week ending Feb. 4 rose by 13,000 last week to 196,000, from 183,000 the previous week, the Labor Department reported Thursday. It's the fourth straight week claims were under 200,000.