{"id":130,"date":"2025-04-10T12:52:13","date_gmt":"2025-04-10T12:52:13","guid":{"rendered":"http:\/\/www.soapandseife.com\/?p=130"},"modified":"2025-04-12T23:26:32","modified_gmt":"2025-04-12T23:26:32","slug":"us-jobless-benefit-applications-rise-modestly-as-labor-market-remains-largely-unfazed-by-trade-war","status":"publish","type":"post","link":"http:\/\/www.soapandseife.com\/index.php\/2025\/04\/10\/us-jobless-benefit-applications-rise-modestly-as-labor-market-remains-largely-unfazed-by-trade-war\/","title":{"rendered":"US jobless benefit applications rise modestly as labor market remains largely unfazed by trade war"},"content":{"rendered":"<p><strong>By MATT OTT, Associated Press Business Writer<\/strong><\/p>\n<p>Slightly more Americans filed for unemployment benefits last week, but the labor market remains broadly healthy despite an ongoing trade war.<\/p>\n<p>Jobless claim filings inched up by 4,000 to 223,000 for the week ending April 5, the Labor Department said Thursday. That\u2019s less than the 225,000 new applications analysts forecast.<\/p>\n<p>Weekly applications for jobless benefits are considered a proxy for layoffs, and have mostly ping-ponged between 200,000 and 250,000 for the past few years.<\/p>\n<aside class=\"related left\">\n<h2 class=\"widget-title\" data-curated-ids=\"\" data-relation-type=\"automatic-primary-tag\">Related Articles<\/h2>\n<ul>\n<li>\n<p>\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/04\/11\/measles-outbreak-explained\/\" title=\"US measles cases surpass 700 with outbreaks in six states. Here\u2019s what to know\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tUS measles cases surpass 700 with outbreaks in six states. Here\u2019s what to know\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n<p>\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/04\/11\/us-bond-market\/\" title=\"Freak sell-off of \u2018safe haven\u2019 US bonds raises fear that confidence in America is fading\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tFreak sell-off of \u2018safe haven\u2019 US bonds raises fear that confidence in America is fading\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n<p>\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/04\/11\/mahmoud-khalil-deportation\/\" title=\"Columbia University activist Mahmoud Khalil can be deported, immigration judge finds\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tColumbia University activist Mahmoud Khalil can be deported, immigration judge finds\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n<p>\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/04\/11\/small-plane-crash-south-florida\/\" title=\"3 killed and 1 injured when plane crashes in South Florida near a major highway\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\t3 killed and 1 injured when plane crashes in South Florida near a major highway\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n<p>\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/04\/10\/hudson-river-helicopter-crash\/\" title=\"NYC sightseeing helicopter plunges into river, killing 6 including Spanish family and pilot\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tNYC sightseeing helicopter plunges into river, killing 6 including Spanish family and pilot\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<\/ul>\n<\/aside>\n<p>Even though President Donald Trump put a <a href=\"https:\/\/apnews.com\/article\/trump-tariffs-stock-market-china-recession-deals-e8e54a68397e6829e1d27552a1d7bfb9\">90-day pause<\/a> on most of his widespread tariff hikes Wednesday, concerns remain about a global economic slowdown that could upend what has been an incredibly resilient labor market.<\/p>\n<p>Like his pledge to institute tariffs, Trump\u2019s promise to drastically downsize the federal government workforce is fully in motion.<\/p>\n<p>It\u2019s not clear when the job cuts ordered by the Department of Government Efficiency \u2014 or \u201cDOGE,\u201d spearheaded by Elon Musk \u2014 will surface in the weekly layoffs data,<\/p>\n<p>Federal agencies that have either announced layoffs or are planning cuts include the <a href=\"https:\/\/apnews.com\/article\/health-human-services-layoffs-restructuring-rfk-jr-ec4d7731695e4204970c7eab953b2289\">Department of Health and Human Services<\/a>, <a href=\"https:\/\/apnews.com\/article\/irs-doge-layoffs-tax-season-0659e4b439400bf66023273f6a532fa0#:~:text=The%20IRS%20is%20drafting%20plans,person%20workforce%2C%20AP%20sources%20say&amp;text=WASHINGTON%20(AP)%20%E2%80%94%20The%20IRS,people%20familiar%20with%20the%20situation.\">IRS<\/a>, <a href=\"https:\/\/apnews.com\/hub\/us-small-business-administration\">Small Business Administration<\/a>, <a href=\"https:\/\/apnews.com\/article\/veterans-affairs-cuts-doge-musk-trump-f587a6bc3db6a460e9c357592e165712\">Veterans Affairs<\/a> and <a href=\"https:\/\/apnews.com\/article\/education-department-layoffs-job-cuts-linda-mcmahon-ce9f6a8a63972aede0d8fbdf057ab788\">Department of Education<\/a>.<\/p>\n<p>Despite showing some signs of weakening during the past year, the labor market remains healthy with plentiful jobs and relatively few layoffs.<\/p>\n<p>Last week, the government reported that U.S. employers added a <a href=\"https:\/\/apnews.com\/article\/jobs-economy-unemployment-inflation-federal-reserve-trump-d43b08bda57cb5d90b5bac1f092e1f3d\">surprisingly strong 228,000 jobs<\/a> in March and while the unemployment rate inched up to 4.2%, that\u2019s a healthy figure by historical standards.<\/p>\n<p>Some high-profile companies have announced job cuts already this year, including <a href=\"https:\/\/apnews.com\/article\/workday-layoffs-job-cuts-ai-investments-437581ad79d6e1cef2de7b300015dfbb\">Workday<\/a>, <a href=\"https:\/\/apnews.com\/article\/dow-chemicals-plastics-earnings-layoffs-aaac9c6894da83009aa5aa0eb94926de\">Dow<\/a>, <a href=\"https:\/\/apnews.com\/article\/cnn-layoffs-digital-journalism-news-6be39d07df264c93c6c7c409ee76f6a3\">CNN<\/a>, <a href=\"https:\/\/apnews.com\/article\/starbucks-layoffs-corporate-ac4110200335139836c6b370d864313c\">Starbucks<\/a>, <a href=\"https:\/\/apnews.com\/article\/southwest-airlines-layoffs-29a0daf8f8091ae2b0a9c11282138464\">Southwest Airlines<\/a> and Facebook parent company Meta.<\/p>\n<p>The four-week average of applications, which aims to smooth out some of the week-to-week swings, was unchanged at 223,000.<\/p>\n<p>The total number of Americans receiving unemployment benefits for the week of March 29 fell by 43,000 to 1.85 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By MATT OTT, Associated Press Business Writer Slightly more Americans filed for unemployment benefits last week, but the labor market remains broadly healthy despite an ongoing trade war. Jobless claim filings inched up by 4,000 to 223,000 for the week ending April 5, the Labor Department said Thursday. That\u2019s less than the 225,000 new applications&hellip;<\/p>\n","protected":false},"author":1,"featured_media":109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"_links":{"self":[{"href":"http:\/\/www.soapandseife.com\/index.php\/wp-json\/wp\/v2\/posts\/130"}],"collection":[{"href":"http:\/\/www.soapandseife.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.soapandseife.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.soapandseife.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.soapandseife.com\/index.php\/wp-json\/wp\/v2\/comments?post=130"}],"version-history":[{"count":1,"href":"http:\/\/www.soapandseife.com\/index.php\/wp-json\/wp\/v2\/posts\/130\/revisions"}],"predecessor-version":[{"id":131,"href":"http:\/\/www.soapandseife.com\/index.php\/wp-json\/wp\/v2\/posts\/130\/revisions\/131"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.soapandseife.com\/index.php\/wp-json\/wp\/v2\/media\/109"}],"wp:attachment":[{"href":"http:\/\/www.soapandseife.com\/index.php\/wp-json\/wp\/v2\/media?parent=130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.soapandseife.com\/index.php\/wp-json\/wp\/v2\/categories?post=130"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.soapandseife.com\/index.php\/wp-json\/wp\/v2\/tags?post=130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}