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US jobless claims filings unchanged from previous week at 213,000 as layoffs remain low
- Labor Department figures showed initial jobless claims at 213,000 for the week ending Feb. 28, with claims unchanged, indicating low layoffs, Thursday.
- Amid signs of slower hiring, revisions reveal U.S. payroll revisions cut 2024-2025 payrolls by hundreds of thousands, lowering last year's job creation to 181,000 and December job openings fell amid uncertainty.
- The four-week moving average of jobless claims fell to 215,750, with analysts surveyed by FactSet forecasting about 215,000, and continuing claims increased to 1.868 million for the week ended Feb. 21.
- Because the claims fall outside the survey week, they do not affect the February jobs report due Friday, with the unemployment rate expected at 4.3% and Reuters projecting 59,000 payroll gains.
- The Federal Reserve's Beige Book said employment was 'generally stable', with seven of the twelve districts reporting no change, despite layoffs announced by UPS, Amazon, Dow, and the Washington Post, and economists are optimistic about tax cuts.
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The Tribune-DemocratReposted by 
The Blade
The BladeU.S. jobless claims filings unchanged from previous week at 213,000 as layoffs remain low
The number of Americans applying for unemployment benefits last week was unchanged from the week before, a sign that layoffs remain at historically low levels.
·Johnstown, United States
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Associated Press News+26 Reposted by 26 other sources
US jobless claims filings unchanged from previous week at 213,000 as layoffs remain low
The number of Americans applying for unemployment benefits last week was unchanged from the week before, a sign that layoffs remain at historically low levels.
·United States
Read Full Article
A Steady 213,000 Jobless Claims, but Continuing Filings Jump to 1.87 Million
The number of Americans applying for unemployment benefits last week was unchanged from the week before, a sign that layoffs remain at historically low levels A Steady 213,000 Jobless Claims, but Continuing Filings Jump to 1.87 Million.
Coverage Details
Total News Sources44
Leaning Left4Leaning Right4Center25Last UpdatedBias Distribution76% Center
Bias Distribution
- 76% of the sources are Center
76% Center
12%
C 76%
12%
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