From Quiver Quantitative: 2025-03-27 21:36:00

U.S. jobless claims slightly decreased last week, showing the labor market’s resilience amid policy shifts and spending cuts. Initial claims dropped to 224,000, below economists’ expectations. Despite federal government upheaval, layoffs near Washington D.C. only saw a modest increase. Economists predict a 4.1% unemployment rate for March. Stable hiring and low layoffs suggest businesses are cautious but not panicked, supporting economic growth. However, potential trade shocks and budget cuts could test labor market resilience. The next reports will be crucial in determining if stability can be maintained amid policy uncertainties.



Read more at Quiver Quantitative: Jobless Claims Steady Despite Government Cuts