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Number of Americans filing for unemployment benefits rises to 242,000, highest level in 3 months

Number of Americans filing for unemployment benefits rises to 242,000, highest level in 3 months
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Number of Americans filing for unemployment benefits rises to 242,000, highest level in 3 months
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Source: The Independent
Author: Matt Ott
Published: Feb, 27 2025 13:39

Summary at a Glance

Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the past three years.

The number of Americans filing for jobless benefits rose by 22,000 to 242,000 for the week ending Feb. 22, the Labor Department said Thursday.

The total number of Americans receiving unemployment benefits for the week of Feb. 15 fell by 5,000 to 1.86 million.

Weekly applications for jobless benefits are considered a proxy for layoffs.

Analysts projected that 220,000 new applications would be filed.

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