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		<title>US filings for jobless benefits inch up as labor market remains strong</title>
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		<pubDate>Thu, 24 Apr 2025 12:49:01 +0000</pubDate>
				<category><![CDATA[World News]]></category>
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					<description><![CDATA[U.S. applications for jobless benefits rose modestly last week as business continue to retain workers despite fears of a possible economic downturn. Jobless claim applications inched up by 6,000 to 222,000 for the week ending April 19, the Labor Department said Thursday. That’s just barely more than the 220,000 new applications analysts forecast. Weekly applications [&#8230;]]]></description>
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<p class="EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC ">U.S. applications for jobless benefits rose modestly last week as business continue to retain workers despite fears of a possible economic downturn.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Jobless claim applications inched up by 6,000 to 222,000 for the week ending April 19, the Labor Department said Thursday. That’s just barely more than the 220,000 new applications analysts forecast.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Weekly applications for jobless benefits are considered a proxy for layoffs, and have mostly stayed in a healthy range between 200,000 and 250,000 for the past few years.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Even though President Donald Trump has <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://apnews.com/article/trump-tariffs-stock-market-china-recession-deals-e8e54a68397e6829e1d27552a1d7bfb9">paused</a> or pulled back on many of his tariff threats, concerns remain about a global economic slowdown that could upend what has been an historically resilient labor market.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Like his pledge to institute tariffs, Trump’s promise to drastically downsize the federal government workforce occupied much of the early weeks of his presidency and is still in motion.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">It’s not clear when the job cuts ordered by the Department of Government Efficiency — or “DOGE,” spearheaded by Elon Musk — will surface in the weekly layoffs data. However, the federal government staff reductions <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://apnews.com/article/doge-federal-cuts-job-musk-trump-kansas-city-06023cbc68c82fdaa021ced1069fd81c">are already being felt</a>, even outside of the Washington, D.C. area.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Federal agencies that have either announced layoffs or are planning cuts include the <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://apnews.com/article/health-human-services-layoffs-restructuring-rfk-jr-ec4d7731695e4204970c7eab953b2289">Department of Health and Human Services</a>, <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" 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 class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://apnews.com/hub/us-small-business-administration">Small Business Administration</a>, <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://apnews.com/article/veterans-affairs-cuts-doge-musk-trump-f587a6bc3db6a460e9c357592e165712">Veterans Affairs</a> and <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://apnews.com/article/education-department-layoffs-job-cuts-linda-mcmahon-ce9f6a8a63972aede0d8fbdf057ab788">Department of Education</a>.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Despite showing some signs of weakening during the past year, the labor market remains healthy with plenty of job openings and relatively few layoffs.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Earlier this month, the government reported that U.S. employers added a <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://apnews.com/article/jobs-economy-unemployment-inflation-federal-reserve-trump-d43b08bda57cb5d90b5bac1f092e1f3d">surprisingly strong 228,000 jobs</a> in March. While the unemployment rate inched up to 4.2%, that’s still a healthy figure by historical standards. </p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Some high-profile companies have announced job cuts already this year, including <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://apnews.com/article/workday-layoffs-job-cuts-ai-investments-437581ad79d6e1cef2de7b300015dfbb">Workday</a>, <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://apnews.com/article/dow-chemicals-plastics-earnings-layoffs-aaac9c6894da83009aa5aa0eb94926de">Dow</a>, <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://apnews.com/article/cnn-layoffs-digital-journalism-news-6be39d07df264c93c6c7c409ee76f6a3">CNN</a>, <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://apnews.com/article/starbucks-layoffs-corporate-ac4110200335139836c6b370d864313c">Starbucks</a>, <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://apnews.com/article/southwest-airlines-layoffs-29a0daf8f8091ae2b0a9c11282138464">Southwest Airlines</a> and Facebook parent company Meta.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Thursday&#8217;s report also showed that the four-week average of applications, which evens out some of the week-to-week volatility ticked down by 750 to 220,250.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN ">The total number of Americans receiving unemployment benefits for the week of April 12 declined by 37,000 to 1.84 million.</p>
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