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US jobless benefit claims fall last week as labor market remains strong despite recession fears

  • U.S. Applications for jobless benefits decreased by 9,000 to 215,000 for the week ending April 12, according to the Labor Department.
  • The four-week average of applications fell by 2,500 to 220,750, which can reduce some weekly fluctuations.
  • Despite recession fears, the labor market remains strong with 228,000 jobs added in March, reported by the government.
  • The total number of Americans receiving unemployment benefits increased by 41,000 to 1.89 million for the week of April 5.
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Jobless claims fall as labor market remains strong despite recession fears

Jobless claim applications fell by 9,000 to 215,000 for the week ending April 12, the Labor Department said Thursday.

·United States
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Zero Hedge broke the news in United States on Thursday, April 17, 2025.
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