The number of Americans applying for unemployment benefits came back down last week. Applications for jobless aid fell to 225,000 for the week ending Nov. 26, a decline of 16,000 from the previous week's 241,000, the Labor Department reported.
FILE - Hiring sign is displayed outside of a retail store in Vernon Hills, Ill., Saturday, Nov. 13, 2021. Labor Department releases weekly report on unemployment benefits on Thursday, Dec. 1, 2022. On Thursday the Labor Department reports on the number of people who applied for unemployment benefits last week.
WASHINGTON — The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffected by the Federal Reserve’s aggressive interest rate hikes.
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