US Jobless Claims Data Shows Unexpected Surge and Economic Uncertainty

Thursday, May 1, 2025, 9:20 am

Recent reports detail a sharp uptick in U.S. weekly jobless claims, with figures exceeding expectations. One version even points to “DOGE actions” as a dramatic catalyst for massive layoffs, adding an ironic twist to the economic narrative. The numbers underscore mounting labor market challenges that are hard to ignore amid broader economic concerns.

theregister.com / Dems look to close the barn door after top DOGE dog has bolted

House Oversight probes missing Musk disclosures, background checks, data mess at NLRB Elon Musk is backing away from his Trump-blessed government gig, but now House Democrats want to see the permission slip that got him in the door.…

reuters.com/business / US weekly jobless claims increase more than expected - Reuters

US weekly jobless claims increase more than expected Reuters

zerohedge.com / Jobless Claims Jumped Last Week As 'DOGE Actions' Spark Biggest YTD Layoffs Since 2020

Jobless Claims Jumped Last Week As 'DOGE Actions' Spark Biggest YTD Layoffs Since 2020 So far this year, employers have announced 602,493, the highest year-to-date total since 2020 when 1,017,812 job cuts were recorded, according to the latest data from global outplacement and…

permalink / 3 stories from sources in 9 days ago #recession #jobs #us #economy

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