WASHINGTON (AP) — The number of people seeking unemployment benefits hardly changed for a second straight week, stuck at a high level that points to a slowing job market.

Weekly unemployment benefit applications ticked up 1,000 to a seasonally adjusted 427,000 last week, the Labor Department said.

It marked the ninth straight week in which applications have been above 400,000. That trend represents a setback after applications had been declining all winter.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.