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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58 Articles
Hawaiʻi isn't doing well with employment: 3 findings from a new study
HONOLULU (KHON2) -- While some states are seeing fewer people filing for unemployment, Hawaiʻi isn’t one of them. A new report shows the state ranked near the bottom in the country for improvement. That means more people here are still losing their jobs or struggling to find new ones. According to the study’s report released on April 3, Hawaiʻi ranked 40th out of 51 states and Washington, D.C. in its week-over-week change for unemployment claims…
Amid turmoil, firms cling to their employees
First-time jobless claims have been pretty stable since the start of March — unlike many other parts of the economy. President Donald Trump’s tariffs and immigration restrictions may not be ideal for businesses, but they could give companies a reason to hold on to workers. Also in this episode: The European Central Bank cuts its key interest rate, get that EV tax credit while you can, and a martial arts master stays in Altadena, California, afte…
US Initial Jobless Claims Sink as Labor Market Holds Steady
U.S. initial jobless claims tumbled last week, signaling that companies are not laying off workers amid economic uncertainty. Department of Labor data show that for the week ended April 12, the number of individuals filing new applications for unemployment benefits declined by 9,000, to a nine-week low of 215,000. This came in below the consensus forecast of 225,000. Jobless claims filed under programs for federal workers edged up by just 34, to…
Ohio jobless claims for April 6-12 - Record Herald
This week, the Ohio Department of Job and Family Services (ODJFS) provided updated data on unemployment claims filed in Ohio the week of April 6-12, according to a news release. These statistics were shared with the U.S. Department of Labor. Ohioans filed 5,707 initial unemployment claims last week, which was 478 fewer than the previous week. Approximately 693 of those have been flagged for more stringent identity verification, to ensure they ar…
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