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US jobless claims rise to 419,000 from a pandemic low

unemployment

WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week from the lowest point of the pandemic, even as the job market appears to be rebounding on the strength of a reopened economy.

Jobless claims increased to 419,000 from 368,000 the previous week.

The weekly number of first-time applications for benefits, which generally tracks layoffs, has fallen steadily since topping 900,000 in early January.

The increase is most likely a blip caused by some one-time factors, economists said.

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Associated Press

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