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Jobless claims rise slightly, but no sign of trouble brewing in labor market [View all]
Jobless claims rise slightly, but no sign of trouble brewing in labor market
Scarce layoffs keeps unemployment filings low
By Jeffry Bartash
Published: Feb. 6, 2025 at 8:35 a.m. ET
The number of people who applied for unemployment benefits in early February rose slightly, but they remained at very low levels in a sign the labor market is still quite healthy.
New jobless claims, a proxy for layoffs, increased by 11,000 to 219,000 in seven days ended Feb. 1, the government said. Anything below 250,000 is an exceptionally good reading.
{paywall}
Scarce layoffs keeps unemployment filings low
By Jeffry Bartash
Published: Feb. 6, 2025 at 8:35 a.m. ET
The number of people who applied for unemployment benefits in early February rose slightly, but they remained at very low levels in a sign the labor market is still quite healthy.
New jobless claims, a proxy for layoffs, increased by 11,000 to 219,000 in seven days ended Feb. 1, the government said. Anything below 250,000 is an exceptionally good reading.
{paywall}
8 replies
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= new reply since forum marked as read