Applications for Jobless Aid Rise Last Week, but Remain Low

Applications for Jobless Aid Rise Last Week, but Remain Low
A “Help Wanted” sign is displayed at a restaurant in Arlington Heights, Ill., on Jan. 30, 2023. Nam Y. Huh/AP Photo
The Associated Press
Updated:
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More Americans filed for jobless benefits last week, but layoffs remain historically low despite attempts by the Federal Reserve to cool the economy, and hiring, to bring down inflation.

Applications for jobless aid in the U.S. for the week ending Feb. 4 rose by 13,000 last week to 196,000, from 183,000 the previous week, the Labor Department reported Thursday. It’s the fourth straight week claims were under 200,000.