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US Applications for Jobless Benefits Fell Last Week as Layoffs Remain Low

Applications for US jobless benefits fell by 5,000 last week to 229,000 as employers retain workers amid economic slowdown and uncertainty, Labor Department data shows.

  • Fewer Americans sought unemployment benefits last week as employers appear to be holding onto their workers even as the economy has slowed.
  • Applications for unemployment benefits for the week ending Aug. 23 dropped 5,000 to 229,000, the Labor Department reported Thursday.
  • While layoffs are low, hiring has also weakened as part of what many economists describe as a 'no hire, no fire' economy.
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US applications for jobless benefits fell last week as layoffs remain low

Fewer Americans sought unemployment benefits last week as employers appear to be holding onto their workers even as the economy has slowed.

·United States
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El Economista broke the news in on Thursday, August 28, 2025.
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