US filings for jobless aid, a proxy for layoffs, rose to a still-healthy 225,000 last week

The number of Americans filing for jobless aid hit their highest level in four months last week, but layoffs remain historically low despite ongoing economic uncertainty brought…

US filings for jobless aid, a proxy for layoffs, rose to a still-healthy 225,000 last week

Jobless aid applications increased by 13,000 to 225,000 last week, exceeding forecasts but remaining historically low. This figure serves as a key indicator of U.S. layoffs amid…

The four-week moving average also rose, but continuing claims fell and the insured unemployment rate held steady at 1.2%

US initial jobless claims rose to 225,000, beating estimates by over 10,000. The four-week average hit its highest since February, raising Fed rate cut