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US filings for jobless benefits inch up as labor market remains strong

  • The number of Americans filing new unemployment claims increased by 6,000 to 222,000 for the week ending April 19, according to the Labor Department.
  • Weekly jobless applications have remained in a healthy range of 200,000 to 250,000 over the past few years, indicating stability in the labor market.
  • Despite a slight rise in the unemployment rate to 4.2%, it remains healthy by historical standards.
  • The four-week average of applications decreased by 750 to 220,250, showing some recovery from week-to-week fluctuations.
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US filings for jobless benefits inch up as labor market remains strong despite fears of downturn

U.S. applications for jobless benefits rose modestly last week as business continue to retain workers despite fears of a possible economic downturn.

·United States
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Upstract broke the news in on Tuesday, April 22, 2025.
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