Washington – Despite the uncertainties on how President Donald Trump’s tariffs will affect the United States and the global economy, the number of Americans applying for unemployment benefits last week has decreased.
The Labor Department said on Thursday that the unemployed claims were reduced by 5,3 and stood at 225,3. This is compatible with the forecast for 229,000 new app analysts.
Weekly applications for unemployed benefits are considered as proxy for trimming, and most have been surrounded by a healthy range between 200,000 to 250,000 since the deletion of several million jobs since the Covid -10 economy was destroyed.
Although Trump has stopped or lashed against his many tariff threats, anxiety remains a global economic downturn that could rise to the US labor market, which has become a pillar of American economy for years.
On Wednesday, the Federal Reserve was cut off three times by the end of last year, after the third straight meeting, the Benchmark nDing rate was 5.7%.
Fed Chair Jerome Powell says the risk of both high unemployment and inflation has increased, it is an unusual combination that complicates the dual order of central bank prices control and low unemployment.
Powell said that the tariffs had reduced consumer and business sensation, but that information has not yet shown significant damage to the economy.
A contraction has already begun in the United States, where the economy between January and March was shrunk at 0.3% annual speed with Trump’s trade war business disruption. Before Trump’s huge tariff came into effect, the United States of US agencies tried to bring foreign goods and the rise in imports slowed the growth of the first-quarter.
It was the first quarterly GDP reduction in three years.
Like his promise to establish the tariff, Trump’s Federal Government has pledged most of his president’s first week’s promise to reduce the activist forces and is still ongoing.
It is not clear when the job is ordered by the Department of Government Skill in the Elon Mask – or “Dog”. However, the decline of federal government workers outside Washington, DC region is already felt.
Despite showing some signs of weakness in the last one year, the labor market remains a lot of work and relatively a few trim.
Last week, the government said that US employers have added a surprisingly strong 177,000 job in April. Histor is the unemployment rate held at 1.2%of the healthy healthy, but many economists have expected that the negative impact of trade war will be implemented for American workers this year.
The companies that have announced this year’s job include Workday, DOW, CNN, Starbucks, South -West Airlines and Facebook Parent Meta.
The Labor Department has reported that the average demand of four weeks, which reveals some of the week from the week to the week, has increased from one thousand to 227,000.
The total number of Americans with unemployment benefits for the week of April 2 April stands at $ 1.8 million, which has decreased by 20,7.
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