US unemployment claims rose again last week and appear to be steadily stabilizing at a slightly higher, although still healthy, level.
Jobless claims for the week ending July 13 rose by 20,000 to 243,000 from 223,000 the previous week, the Labor Department reported Thursday.
The total number of Americans receiving unemployment benefits rose after declining last week for the first time in 10 weeks.
About 1.87 million Americans were receiving unemployment benefits the week of July 6, about 20,000 more than the previous week. It is the highest since November 2021.
Weekly unemployment claims are widely considered to represent layoffs.
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