Unemployment claims rise by most in 5 months

A hiring sign is displayed at a retail store in Mount Prospect, Illinois, Jan. 13. Applications for jobless aid rose to 211,000 the week ending Mar...

March 10, 2023
12:34 AM

A hiring sign is displayed at a retail store in Mount Prospect, Illinois, Jan. 13. Applications for jobless aid rose to 211,000 the week ending March 4, marking the first time in eight weeks claims came in above 200,000. (AP Photo: Nam Y. Huh) The number of Americans applying for unemployment benefits last week jumped by the most in five months, but layoffs remain historically low as the labor market continues to be largely unaffected by the Federal Reserve's interest rate hikes. 3:20 p

The Associated Press