<ul><li>Jobless claims rose more than expected last week, reaching 242,000, up from the previous week's revised figure of 220,000.</li><li>The increase in initial claims was attributed to layoffs announced by Meta, Starbucks, and Southwest Airlines.</li><li>Snowstorms and the Presidents' Day holiday were also identified as contributing factors to the rise in jobless claims.</li><li>The states with the greatest increases in initial claims attributed the rise to layoffs in the manufacturing industry.</li></ul>

Jobless Claims Rise Amid Corporate Layoffs

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