The total number of people receiving unemployment benefits is at its highest level in more than three years.
Applications for jobless benefits rose by 6,000 to 223,000 for the week ending Jan. 18, slightly more than analysts expected. The number of people who received unemployment benefits for the week of Jan. 11 climbed by 46,000 to 1.9 million, the most since November 2021.
Unemployment and jobless claims are still far from their all-time high in April 2020...
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