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.
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