Jobless claims edge up but remain near historic lows

New weekly jobless claims ticked up in the latest report, but they are still at historically low levels. Over the past nine weeks, claims have come in at or below 200,000, and they have not topped 230,000 in any single week. Just the News reports that layoffs are scarce and that many Americans are enjoying strong job security.

Why it matters Jobless claims are one way to gauge how often people are losing their jobs. When the number stays low, it suggests workers are facing fewer layoffs and have more security in their current roles. A small rise from one week to the next doesn't change that bigger picture by itself.

What to watch Check the coming weekly reports to see whether claims keep hovering near these low levels or start to climb steadily over several weeks.

Source: Just the News