The number of Americans who presented new offline requests raised slightly last week, suggesting that the job market has remained stable, although it will take more time for workers dismissed to find new opportunities.
The initial unemployment requests increased by 1,000 to 218,000 with seasonal adjustments on July 26, said the labor department on Thursday. The economists consulted by Reuters have provided for 224,000 requests for last week.
The labor market has slowed down, with the economists who said that the uncertainty on where the tariff levels of the President of the United States Donald Trump will eventually have left the companies cautious about the increase in employees.
But the job offer has also decreased in the midst of the repression of the White House to immigration.
Last Wednesday, the Federal Reserve maintained the interest rate from 4.25% to 4.50%, resisting the Trump pressure to reduce loan costs.
The president of the Fed, Jerome Powell, told journalists that the labor market is in balance. But he added that, since this is partly due to the decline in demand and demand, “we see the risk of falling into the labor market”.
The hesitation of employers to increase hires means that there are fewer jobs for those who are fired.
The number of people who received benefits after an initial week of help, an indicator of hiring, remained unchanged to 1.946 million, adequate seasonally, during the week that ended on July 19, according to the report.
Source: Terra
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