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US filings for jobless aid rise modestly to 212,000 as layoffs remain at historically healthy levels
Initial claims rose by 4,000 to 212,000, remaining within a historically low range as layoffs stay subdued despite recent corporate cuts, Labor Department data shows.
- On Thursday, the U.S. Labor Department reported weekly initial jobless claims rose by 4,000 to 212,000 for the week ending Feb. 21, matching forecasts.
- While weekly layoffs have remained in a historic range, job openings fell in December to the lowest in over five years, despite U.S. employers adding 130,000 jobs in January.
- Smoothing measures such as the four-week average showed the four-week moving average of jobless claims ticked up by 750 to 220,250, while filings for the week ended February 21 fell to 1.833 million.
- The government will issue its February jobs report next week, and revisions cut 2024-2025 payrolls to 31,000, about one-sixth of the initial estimate, with some Fed officials citing last year's weak hiring.
- Data over the past year shows hiring has slowed, linked to policy uncertainty including Trump's tariffs and the effects of the Federal Reserve's interest rate hikes.
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The BladeReposted by 
The Tribune-Democrat
The Tribune-DemocratU.S. filings for jobless aid rise modestly to 212,000 as layoffs remain at historically healthy levels
WASHINGTON — Slightly more Americans applied for unemployment benefits last week as layoffs remain at relatively healthy levels. The number of Americans ...
·Toledo, United States
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US weekly jobless claims rise slightly; unemployment rate likely unchanged in February
The number of Americans filing new applications for jobless benefits increased slightly last week and the unemployment rate appeared to hold steady in February amid a stable labor market.
·United Kingdom
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The four-week moving average of new applications rose by 750 applications from last week's revised figure, to 220,250 applications.
·Brazil
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Total News Sources41
Leaning Left5Leaning Right6Center22Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
15%
C 67%
R 18%
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