The number of Americans looking for unemployment has decreased modestly last week, and remains in the same range in recent years.
The Ministry of Labor said on Thursday that the files of unemployed claims decreased by 6000 to 219,000 for the week ending March 29. This is less than 226,000 analysts.
Weekly applications for unemployment benefits are an agent for workers’ layoffs, and have mostly remained within the limits of 200,000 and 250,000 over the past few years.
However, after the Trump administration announced High customs tariffs Yesterday, economists are concerned about the global economic slowdown that can increase the incredibly flexible labor market.
Like his pledge to set the customs tariff, Trump’s promise to reduce the size of the federal government workforce significantly.
It is not clear when the discounts in the position requested by the Ministry of Governmental efficiency, or “DOGE” will lead to the appearance of weekly workers’ demobilization data, but some economists have suggested that they be able to appear in the Ministry of Labor’s March Jobs report, which comes out on Friday.
The job report in February showed that the federal government has launched 10,000 jobs, and it has been more than that since June 2022.
On Monday, some workers are in Food and Drug Administration They were said to pack their laptops and Prepare for the possibility They will not return, according to an email obtained by the Associated Press.
The mass separation is expected to lead to fewer jobs – nearly a quarter of its employees – in the Ministry of Health and Humanitarian Services. About 10,000 jobs will be eliminated through workers’ layoffs, while 10,000 other workers have taken early retirement and voluntary semester.
Other federal agencies that declared demobilization or planning planning include Tax Authorityand Small Business Administrationand Old warriors affairs and Ministry of Education.
Limbing workers is part of Trump administration efforts To reduce size Federal Manpower Through “Doug”, it is led by billionaire Elon Musk.
Although some signs of weakness appear during the past year, the labor market is still healthy with abundant and relatively few jobs.
The government stated that we Employers added 151,000 strong jobs In February, while the unemployment rate increased to 4.1 %, he remains a healthy personality with historical standards. Analysts surveyed by the data company expect that non -agricultural salary statements in March will show an increase of 130,000 and that the unemployment rate will reach 4.2 %.
Some prominent companies have announced job cuts already this year, including Working dayand Daoand CNNand Starbucksand Southern West Airlines And Facebook Pateer Companyy Meta.
The average requests decreased for four weeks, which aim to calm some of the fluctuations that lasted for a week, by 1250 to 223,000.
The total number of Americans receiving unemployment benefits for the week, which is practicing March 22, increased by 56,000 to 1.9 million. This is the most since November 2021.