Archive · 18 Dec 2025

US jobless claims fall, labor market shows strain

US jobless claims fall, labor market shows strain

Last week, the number of people applying for unemployment benefits in the US went down by 13,000 to 224,000.

This is a sign of how many people are losing their jobs.

Even though the number went down, it's still higher than what experts thought it would be.

The US added 64,000 jobs in November, but in October, there were 105,000 fewer jobs, mostly because of cuts in government jobs.

The unemployment rate is now 4.6%, which is the highest it's been since 2021.

The Federal Reserve, which controls interest rates, cut rates again because they think the job market might be weaker than the numbers show.

Big companies like UPS and Amazon have also been cutting jobs, but these cuts might not show up in the official numbers right away.

Sources