US EditionUS jobless claim filings rise modestly to 214,000 last week, remain at historically healthy levels
Continuing claims climbed 12,000 to 1.821 million, and economists say hiring remains stuck in a low-hire, low-fire pattern.
- On Thursday, the Labor Department reported that initial jobless claims rose 6,000 to a seasonally adjusted 214,000 for the week ended April 18, remaining within a historically healthy range.
- The American labor market appears stuck in what economists call a "low-hire, low-fire" state, where employers show little appetite for expanding headcount despite keeping the unemployment rate historically low.
- Economists surveyed by FactSet had forecast 210,000 claims, while continuing claims increased 12,000 to 1.821 million during the week ended April 11, the claims report showed.
- Economic uncertainty from the conflict with Iran poses downside risks to the labor market, with oil prices settling around $94 per barrel, significantly higher than pre-conflict levels.
- Federal Reserve officials meet next week to decide on interest rates, though inflation remaining above the 2% target diminishes the likelihood of near-term rate cuts despite labor market weakness.
33 Articles
33 Articles
US Unemployment Claims Tick Up, Remain Below 2026 High
The number of Americans filing for unemployment benefits edged up last week, but the total remained below this year’s high amid a steady job market. For the week ending April 18, initial jobless claims rose by 6,000 to 214,000, according to Department of Labor data released on April 23. This is up from the previous week’s upwardly revised 208,000 and slightly more than the 210,000 new applications analysts surveyed by the data firm FactSet were …
US weekly jobless claims increase marginally as labor market remains stable
American unemployment claims saw a small increase last week. This suggests the job market remains steady for now. However, global events like the conflict with Iran are creating economic worries. These issues could impact future job growth. The data covers recent weeks, reflecting current economic conditions.
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- 64% of the sources are Center
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