States reported that 205,000 workers filed for
new unemployment benefits during the week ending Dec. 16, an increase of 2,000 from the previous week's revised level. The weekly claims are consistent with a low level of layoffs. Over the past two years, the unemployment rate has remained under 4 percent, despite high interest rates and inflation.
About 1.86 million workers continue to claim unemployment benefits. That number has been generally on the rise since September, suggesting unemployed workers are having a harder time finding new jobs.
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