The number of initial jobless claims in the United States has decreased more than expected, and the impact of tariffs may be reflected

律动BlockBeats|May 08, 2025 12:57
According to BlockBeats, on May 8th, the decline in initial jobless claims in the United States last week was greater than expected, indicating that the labor market continues to remain stable despite the increasing risks posed by tariffs. The US Department of Labor announced that the number of initial jobless claims for the week ending May 3 decreased by 13000 seasonally adjusted to 228000, compared to market expectations of 230000.
This decline partially offset the impact of the New York state school spring break, which led to a two month high in the number of people applying for unemployment benefits. However, economists say that the weak impact of business and consumer surveys on so-called hard data such as initial jobless claims, inflation, and employment reports is only a matter of time. On Wednesday, the Federal Reserve maintained interest rates in the range of 4.25% -4.50%, and policy makers pointed out that "the risk of rising unemployment and inflation has increased
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