DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News Business

US applications for jobless benefits fall to 227,000 last week, remain at historically healthy level

July 10, 2025
in Business, News
US applications for jobless benefits fall to 227,000 last week, remain at historically healthy level
494
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

WASHINGTON (AP) — U.S. applications for unemployment benefits fell last week, remaining in the historically healthy range of the past couple years.

The Labor Department reported Thursday that jobless claims for the week ending July 5 fell by 5,000 to 227,000, fewer than the 238,000 that analysts forecast. Applications for unemployment aid are viewed as representative of layoffs.

Last week, the Labor Department reported that in June, yet another sign that the American labor market continues to show resilience despite uncertainty over President Donald Trump’s economic policies. The job gains were much bigger than expected and the unemployment rate ticked down 4.1% from 4.2% in May. Analysts had forecast that unemployment would rise to 4.3%.

Though the job market is broadly healthy by historical standards, some weakness has surfaced as employers contend with fallout from Trump’s policies, especially his aggressive tariffs, which raise prices for businesses and consumers. Most economists believe they make the economy less efficient by reducing competition. They also invite retaliatory tariffs from other countries, hurting U.S. exporters and potentially driving businesses to freeze hiring or cut staff.

The deadline on most of Trump’s stiff proposed taxes on imports were extended again until Aug. 1. Unless Trump reaches deals with other countries to lower the tariffs, economists fear they could act as a drag on the economy and trigger another bout of inflation.

Companies that have announced job cuts this year include , , , , , , and Facebook parent company .

Last week, Microsoft announced that it is workers, in months and its largest in more than two years.

In June, Google confirmed that it had to another swath of its workforce in a fresh round of cost-cutting.

The Labor Department’s report also said that the four-week average of claims, which evens out some of the weekly volatility, fell by 5,750 to 235,500.

The total number of Americans collecting unemployment benefits for the week of June 28 rose by 10,000 to 1.97 million. That’s the most since November of 2021.

The post US applications for jobless benefits fall to 227,000 last week, remain at historically healthy level appeared first on Associated Press.

Share198Tweet124Share
Graham family responds to global crackdown on Christians with $1.3M defense fund and urgent call to action
News

Graham family responds to global crackdown on Christians with $1.3M defense fund and urgent call to action

by Fox News
July 30, 2025

EXCLUSIVE: As Christians around the world face mounting legal and cultural threats for expressing their faith, the Graham family is ...

Read more
News

Judge Bars Trump Administration From Punishing 2 Law Professors for I.C.C. Work

July 30, 2025
News

Senate rejects bid to halt sale of bombs and rifles to Israel, but Democratic opposition grows

July 30, 2025
News

Why Ahkello Witherspoon is the ‘Yoda’ of the Rams defensive corps

July 30, 2025
News

YAMATO Lab. Reworks Kimono Crafts Into Modern Garments

July 30, 2025
South Park’s Epic Trump Micropenis Takedown Has Made History

South Park’s Epic Trump Micropenis Takedown Has Made History

July 30, 2025
After outcry, L.A. restricts duplexes in Pacific Palisades

After outcry, L.A. restricts duplexes in Pacific Palisades

July 30, 2025
Falling sequoia branch kills Los Angeles native hiking in Yosemite

Falling sequoia branch kills Los Angeles native hiking in Yosemite

July 30, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.