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US applications for jobless benefits fall to 205,000 last week as layoffs remain historically low
Weekly jobless claims dropped to 205,000, below forecasts, amid ongoing layoffs and economic pressures including inflation and geopolitical tensions, Labor Department data shows.
- New U.S. jobless claims fell by 8,000 to 205,000 for the week ending March 14, lower than the expected 215,000.
- Layoffs remain relatively stable and within the typical range of recent years despite a sluggish labor market.
- Weekly unemployment claims are a key near real-time indicator of layoffs and overall labor market conditions.
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Associated Press News+5 Reposted by 5 other sources
US applications for jobless benefits fall to 205,000 last week as layoffs remain historically low.
U.S. applications for unemployment benefits fell last week, remaining in the same range of recent years despite a broadly tepid labor market.
·United States
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Initial applications for state unemployment benefits were reduced by 8,000 to a seasonalized level of 205,000 for the week ending 14 March
·Bogotá, Colombia
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Total News Sources20
Leaning Left2Leaning Right2Center6Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 20%
C 60%
R 20%
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