U.S. applications for jobless benefits rise but labor market remains solid

JOBLESS CLAIMS rose to 218,000 for the week ending Dec. 23, an increase of 12,000 from the previous week. Weekly unemployment claims are a proxy for layoffs. They have remained low in the face of high interest rates. ASSOCIATED PRESS FILE PHOTO/LYNNE SLADKY

More Americans applied for unemployment benefits last week, but not enough to raise concern about the labor market or broader economy. Jobless claims rose to 218,000 for the week ending Dec. 23, an increase of 12,000 from the previous week, the Labor Department reported Thursday. The four-week average of claims, which smooths out week-to-week ups

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