Economics

Americans Win Job Security With Firings Low for Three Months

U.S. Jobless Benefits Applications Remain Below 300K

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Workers in the U.S. have one thing going for them right now: job security.

For the 12th consecutive week, the number of applications for jobless benefits remained below 300,000, according to figures from the Labor Department issued Thursday. The report for the seven days ended May 23 showed that claims are hovering just above 15-year lows reached at the end of April.