WASHINGTON (AP) — More people applied for unemployment benefits last week, the first increase in three weeks and evidence that the job market is still sluggish.
The number of people seeking benefits rose by 10,000 to a seasonally adjusted 424,000, the Labor Department said Thursday. No states cited extreme weather as a factor in the increase, a department spokesman said. Tornadoes and floods have devastated several states in the Midwest and South in the past month.
Applications are above the 375,000 level that is consistent with sustainable job growth. Applications peaked at 659,000 during the recession.
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