Reported 5 days ago
The latest data reveals a marginal rise in new unemployment claims in the U.S., increasing by 4,000 to a total of 223,000 for the week ending April 5. This uptick comes amidst uncertainties generated by President Trump's trade tariffs, which have strained business and consumer morale. Despite adding 228,000 jobs in March, the unemployment rate slightly increased to 4.2%. The overall labor market remains stable, but concerns about future layoffs and hiring persist.
Source: YAHOO