US EditionUS applications for jobless benefits inch up last week to a still-low 200,000
Initial jobless claims rose by 1,000 to 200,000 last week amid slower hiring and fewer job postings, signaling a modest labor market softening, the Labor Department said.
- U.S. filings for jobless aid rose by 1,000 to 200,000 for the week ending Jan. 17, the U.S. Labor Department reported.
- Policy and economic headwinds including President Donald Trump's tariffs and last month's quarter-point rate cut by the Federal Reserve have contributed to sluggish hiring, government data showed earlier this month.
- The Labor Department's broader measures show the four-week average of jobless claims fell to 201,500, while companies including UPS, General Motors, Amazon and Verizon announced recent cuts.
- Federal Reserve officials meet next week, with Fed Chair Jerome Powell warning that committee members are increasingly concerned the job market may be weaker than it appears.
- The labor market shows a 'low hire, low fire' trend as layoffs drop while businesses post fewer jobs and December hiring remains sluggish, limiting opportunities for job seekers.
47 Articles
47 Articles
US applications for jobless benefits inch up last week to still-low 200,000
Americans seeking unemployment benefits saw a slight increase last week. However, job cuts remain at historic lows. New applications for jobless aid were 200,000 for the week ending January 17. This figure was below analyst expectations. The four-week average of jobless claims also decreased. The total number of Americans filing for benefits for the prior week declined significantly.
LancasterOnline
Independent EspañolWASHINGTON (AP) — The number of Americans applying for unemployment insurance increased slightly last week, but layoffs in the United States remain historically low despite signs of slowdown.
US Unemployment Claims Edge Up Amid Softening Labor Market
The number of Americans applying for unemployment benefits slightly increased last week, yet layoffs remain low despite labor market uncertainties. Weekly jobless claims rose by 1,000 to 200,000, below analyst expectations. The average claims dipped by 3,750 to 201,500, reflecting ongoing labor market resilience.
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