More Americans File for Jobless Claims; Layoffs Remain Low

More Americans File for Jobless Claims; Layoffs Remain Low
A hiring sign is displayed at a restaurant in Mount Prospect, Ill., on March 19, 2023. Nam Y. Huh/AP Photo
The Associated Press
Updated:
0:00

U.S. applications for jobless benefits rose last week but remain at historically low levels despite efforts by the Federal Reserve to cool the economy and the job market in its fight against inflation.

Jobless claims in the U.S. for the week ending March 25 rose by 7,000 to 198,000 from the previous week, the Labor Department said Thursday.