The number of Americans on benefit rolls climbed to a more than three-year high, while first-time applications for US unemployment insurance edged slightly higher.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat Happened to Hanging Out on the Street?

The U.S. jobs market has a “slow leak,” as reflected in the latest weekly data on initial jobless claims, according to Renaissance Macro Research. “The slow leaking higher of unemployment continues,” Neil Dutta,