The number of Americans applying for jobless benefits holds steady as labor market remains strong

The number of Americans filing for jobless benefits didn’t change last week as the labor market continues to defy efforts by the Federal Reserve to cool it off. The Labor Department reported Thursday that unemployment claims for the week ending April 13 were unchanged from the previous week’s 212,000. Weekly unemployment claims are considered a proxy for the number of U.S. layoffs in a given week and a sign of where the job market is headed. In total, 1.81 million Americans were collecting jobless benefits during the week that ended April 6, an increase of 2,000 from the previous week.