Slightly more Americans applied for jobless benefits last week, but layoffs remained in the same recent healthy range.
The number of Americans filing for jobless benefits rose by 5,000 to 219,000 for the week ending February 15, the Labor Department said Thursday. Analysts projected that 215,000 new applications would be filed.
Weekly applications for jobless benefits are considered a proxy for layoffs.
The four-week average, which evens out some of the week-to-week volatility, fell by 1,000 to 215,250.
The total number of Americans receiving unemployment benefits for the week of February 8 rose to 1.87 million, an increase of 24,000 from the previous week.
The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. The Trucker Media Group is subscriber of The Associated Press has been granted the license to use this content on TheTrucker.com and The Trucker newspaper in accordance with its Content License Agreement with The Associated Press.