Weekly applications for U.S. unemployment benefits ticked up slightly last week, the latest sign of stability in the job market.
The Labor Department says applications rose 4,000 to a seasonally adjusted 371,000, the most in five weeks. The four-week average, a less volatile measure, increased 6,750 to 365,750, after falling to a four-year low the previous week.
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Unemployment benefits "ticked UP" slightly last week, the latest sign of "stablity" in the job market. How's that work?
ReplyDeleteI'd say staying the same or declining slightly would indicate stability.