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US applications for jobless benefits rise to 219,000 last week, though labor market remains healthy

  • U.S. applications for jobless benefits increased by 11,000 to 219,000 for the week ending February 1, according to the Labor Department.
  • Analysts had projected only 213,000 new applications for jobless benefits.
  • The four-week average rose by 4,000 to 216,750, reflecting weekly volatility.
  • The total number of Americans receiving unemployment benefits climbed to 1.89 million, an increase of 36,000 from the previous week.
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By Alicia Wallace Jobless claims rose more than expected for the first time last week, but remain close to pre-pandemic levels. According to data from the Labor Department, an estimated 219,000 applications for unemployment insurance were filed during the week ending Feb. 1, up from 11,000 the week before. Economists had expected claims to rise to 213,000. Jobless claims data can be highly volatile and are frequently revised, but they provide a …

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In the midst of uncertainty, the labor market remains one of the main factors of volatility in the U.S. economy. For this week, unemployment benefit claims increased and layoffs remain scarce. Between the lines. The overall health of the U.S. labour market remains firm. In the week ending February 1, unemployment benefit claims increased by 11,000, reaching a total of 219.000, according to the Department of Labour. The figure exceeded the foreca…

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Shafaq News/The U.S. Department of Labor announced on Thursday that more Americans have applied for unemployment benefit in the past week. Applications rose by 11 thousand applications. According to the ministry, U.S. requests for a subsidy amounted to 219,000 during the week ending February 1. The total number of Americans receiving unemployment benefits rose during the week of January 25 to 1.89 million, an increase of 36,000 applications comp…

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The Columbian broke the news in Vancouver, United States on Thursday, February 6, 2025.
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