Applications for unemployment allowances to USA They have increased last week to the highest level for nearly four years, indicating that layoff activity may increase in the midst of a sudden delay in recruitment.
Specifically, initial applications for unemployment benefits in the US increased by 27,000 to 263,000 a week ending September 6, the highest level since October 2021, according to data from the Ministry of Labor published on Thursday (11.9.25). The average forecast in Bloomberg’s survey among economists has reported 235,000 applications.
Thursday’s figures follow a monthly employment report, published on September 5, which showed that the US added only 22,000 jobs in August, extending the sharp slowdown to increased employment increased in recent months. The uncertainty about President Donald Trump’s economic policies has made employers more hesitant to hire staff in 2025.
Weekly applications for unemployment benefit may be volatility during holidays, and this week’s data included the weekend of Labor Day. The four -week mobile average of new unemployment benefits, a measurement that helps to normalize volatility, increased to 240,500, the highest number than June.
The numbers were also reinforced by a huge increase in Texas, which reported an increase of 15,304 applications before adjusting for seasonal factors. Michigan scored the second largest increase, 2,980, while the majority of states recorded reductions.
Meanwhile, ongoing applications, which are an indicator of the number of people receiving benefits remained unchanged at 1.94 million a week ending August 30.
Thursday’s figures mark the final assessment of the US labor market status ahead of the Federal Bank policy meeting on September 16-17. The Central Bank is widely expected to repeat interest rates in the midst of growing employment concerns, having maintained interest rates unchanged so far this year to protect it from inflationary risk.