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US applications for jobless benefits rise but remain historically low despite recent layoffs

IndiaTimes Thursday, 29 February 2024
More Americans applied for jobless benefits last week, but layoffs remain historically low. Applications rose to 215,000, with a total of 1.9 million Americans collecting jobless benefits. The four-week average of claims fell to 212,500. US employers added 353,000 jobs in January, and the unemployment rate remains low at 3.7%.
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