US weekly jobless claims fall as labor market remains stable
- Posted on May 22, 2025
- By Business News Today
- 2 Views

US weekly jobless claims fall as labor market remains stable

America saw a dip in unemployment claims last week. This hints at stable job growth in May. Initial claims fell to 227,000. Experts predict a rise in claims later. Layoffs might increase in 2025 due to trade policies. The median unemployment duration rose to 10.4 weeks in April. Uncertainty regarding tariffs is affecting hiring decisions.