Jobless claims highest since January
It might be a one week blip - or it might be a sign that after a few months of pent up demand being met, jobs are getting scarce again.
The number of Americans filing for jobless aid rose last week to the highest level since January, a development that could raise fears the labor market recovery was stalling after job creation slowed in March.
Initial claims for state unemployment benefits increased 13,000 to a seasonally adjusted 380,000, the Labor Department said on Thursday, defying economists' expectations for a drop to 355,000.
The four-week moving average for new claims, considered a better measure of labor market trends, rose 4,250 to 368,500.
Some economists blamed the Easter holidays for the spike in claims and expected applications to trend lower in coming weeks.
"It's very difficult to know the extent to which that's driven by seasonal effects from Easter or not," said Eric Green, chief economist at TD Securities in New York.
"This is not a game changer, this does not confirm the weakness in the report we saw last Friday. We suspect that much of the increase was due to seasonal issues and we would therefore expect it to drift lower."
The claims data comes in the wake of Friday's disappointing employment report for March, which showed the economy created 120,000 new jobs, the smallest amount since October.
![]()
Several Democrats have accused Republicans of "rooting" for bad economic numbers. Why bother to root for them when they are showing up all the time? Pointing out weakness in the economy is not the same as "rooting" for bad numbers.
And showing the failure of the president's policies is perfectly legitimate criticism.
FOLLOW US ON
Recent Articles
- The Dos and Don's of Negotiating with Iran
- The Bodycam Presidency
- How Elon Musk Could Fix Medicare
- The Left’s Marxist Resistance
- The Whole World is Losing Factory Jobs
- The Euro’s Paper Empire: Germany’s Big Bond Gamble
- The Left Achieves Peak Political Insanity
- Saving the Jewish People
- A Third Possible Trump Term?
- Taming the Ravenous Dragon
Blog Posts
- Dr. Malone tackles the Texas measles epidemic
- When the lights never go down in the city
- Iran can’t be allowed to build a nuclear weapon...or buy one
- A meritorious man
- Cleaning traitors out of the military
- But are they listening to James?
- Why Passover matters in 2025
- Lingering question: Did Ukaine have some role in an attempt to kill Trump?
- For now, California has decided not to make oil companies liable for natural disasters
- Tim Pool crowns himself the king of stupid with his backward take on Karmelo Anthony
- Florida teacher sacked after she breaks the law and uses a student’s ‘preferred name’ without parental consent
- Decoding President Trump’s praise for Democrat Michigan governor Gretchen Whitmer
- Trump targets sanctuary cities: Who will be the first fool?
- If not revealed, then it never happened
- What will tariffs cost the average American family?