Slightly more Americans apply for jobless benefits, but layoffs remain at healthy levels
By MATT OTT
AP Business Writer
The number of Americans applying for jobless claims rose last week, but layoffs remain at healthy levels despite lingering inflation and high interest rates. Unemployment benefit applications for the week ending June 1 rose by 8,000 to 229,000, up from 221,000 the week before, the Labor Department reported Thursday. In total, 1.79 million Americans were collecting jobless benefits during the week that ended May 25, an increase of 2,000. Weekly unemployment claims are seen as a stand-in for the number of U.S. layoffs in a given week and a sign of where the job market is headed.