US applications for jobless benefits rise, but layoffs remain at historically low levels

US applications for jobless benefits rise, but layoffs remain at historically low levels

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More Americans filed jobless benefits last week but layoffs remain at historically low levels despite elevated interest rates and a flurry of job cuts in the media and technology sectors. Applications for unemployment benefits rose to 214,000 for the week ending Jan. 20, an increase of 25,000 from…

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