The US Department of Labor has released data on weekly jobless claims.
Accordingly, the first unemployment applications decreased by 18 thousand in the week ending April 1 to 228 thousand. The median estimate in Bloomberg’s survey was for applications to fall by 200,000.
The previous week’s data on unemployment benefits applications was revised from 198 thousand to 246 thousand.
Continuing applications, which include people who have already received unemployment benefits for a week or more, increased by 6 thousand in the week ending March 25 to 1 million 823 thousand. The expectation was 1 million 700 thousand.
Jobs Vacancies in the US fell below 10 million for the first time since 2021
Private sector employment in the US increased by 145 thousand in March, exceeding the forecasts. under was left. The median estimate of economists surveyed by Bloomberg was 210,000. This slowdown signaled that the labor market had begun to cool.
On the other hand, according to the JOLTS Jobs Number data announced by the US Department of Labor on April 4, the number of vacancies in the country fell below 10 million for the first time since 2021.
Job vacancies fell by 632,000 to 9.93 million, according to the data. The expectation was that he would not disclose 10.5 million.