US jobless claims rise to 200,000, layoffs remain near historic lows despite economic pressures – The Times of India
Applications for unemployment benefits in the United States rose last week but continued to remain at historically low levels despite inflationary pressures and broader economic headwinds, AP reported. The US Labor Department said on Thursday that initial jobless claims increased by 10,000 to 200,000 for the week ending May 2. The figure was lower than…