Number of Americans applying for jobless claims remains historically low
- The number of Americans applying for unemployment benefits remains unchanged and at a historically low level, indicating labor market resilience amidst high interest rates and inflation.
- The Labor Department reported 208,000 unemployment claims for the week ending April 27, the same as the previous week.
- Weekly unemployment claims serve as an indicator of U.S. Layoffs and the direction of the job market.
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Leaning Left3Leaning Right2Center10Last Updated14 days agoBias Distribution67% Center