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U.S. Jobless Claims Rise, Labor Market Stays Strong

3/20/2025

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Summary

Story summary

U.S. jobless claims increased by 2,000 to 223,000 for the week ending March 15, near the forecast of 224,000.
Layoffs continue to be historically low, despite federal job reductions.
February recorded the addition of 151,000 jobs, indicating a robust labor market.
The unemployment rate rose slightly to 4.1%, yet remains stable overall.

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Story summary

U.S. jobless claims increased by 2,000 to 223,000 for the week ending March 15, near the forecast of 224,000.
Layoffs continue to be historically low, despite federal job reductions.
February recorded the addition of 151,000 jobs, indicating a robust labor market.
The unemployment rate rose slightly to 4.1%, yet remains stable overall.