US Unemployment Claims Rise Slightly Despite Low Layoffs
US jobless claims filings increased by 2,000 to 223,000 for the week ending March 15, according to the Labor Department. This is close to forecasted levels of 224,000 new applications. The four-week average also rose to 227,000, indicating a slight increase in layoffs. Historically low unemployment rates remain, with weekly applications mostly staying within the … Read more