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More Americans file for unemployment benefits last week, but layoffs remain historically low

  • The number of Americans applying for unemployment benefits rose by 14,000 for the week ending January 11, up from the previous week’s 203,000.
  • The four-week average of claims dipped by 750 to 212,750, according to the Labor Department.
  • The total number of Americans receiving unemployment benefits for the week of January 4 fell by 18,000 to 1.86 million.
  • Though layoffs remain healthy by historical standards, several high-profile companies have announced job cuts in the past few months.
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  • 40% of the sources lean Left
40% Left
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