More Americans apply for jobless benefits, but labor market remains tight

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US applications for jobless claims rose slightly last week but remain at healthy levels with companies reticent to let go of employees in a tight labor market.

WASHINGTON — U.S. applications for jobless claims rose slightly last week but remain at healthy levels with companies reticent to let go of employees in a tight labor market.

e and Americans have enjoyed unusual job security. That's despite interest rates that have been rising for more than a year and fears of a looming recession. The government also recently reported that U.S. job openings fell in March to the lowest level in nearly two years.

 

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