More Americans Apply for Jobless Benefits as Layoffs Settle at Higher Levels in Recent Weeks ...Middle East

U.S. filings for unemployment benefits rose again last week and appear to be settling consistently at a slightly higher though 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 collecting unemployment benefits rose after declining last week for the first time in 10 weeks. About 1.87 million Americans were collecting jobless benefits for the week of July 6, around 20,000 more than the previous week. That’s the most since November of 2021. Weekly unemployment claims are widely considered as representative of layoffs.

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