{"id":358876,"date":"2026-09-03T07:58:16","date_gmt":"2026-09-03T12:58:16","guid":{"rendered":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/unemployment-claims-tick-up-to-206000-but-remain-at-historically-low-levels"},"modified":"2026-09-03T07:58:18","modified_gmt":"2026-09-03T12:58:18","slug":"unemployment-claims-tick-up-to-206000-but-remain-at-historically-low-levels","status":"publish","type":"post","link":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/unemployment-claims-tick-up-to-206000-but-remain-at-historically-low-levels","title":{"rendered":"Unemployment claims tick as much as 206,000 however stay at traditionally low ranges"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-testid=\"prism-article-body\">\n<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \"><span class=\"oyrPY qlwaB AGxeB \">WASHINGTON &#8212; <\/span>WASHINGTON (AP) \u2014 <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">More Americans filed for unemployment benefits last week, but layoffs are still rare and jobless claims remain at historically low levels.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The Labor Department reported Thursday filings for benefits ticked up to 206,000 last week from a revised 204,000 the week before. The four-week average of claims, which smooths out week-to-week volatility, rose modestly to 207,250 last week.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Claims for jobless benefits are a proxy for layoffs, and economists watch them because they can be a sign of where the job market is headed. For the past year, claims have mostly stayed within a historically low range of 200,000 to 230,000 a week.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Companies, remembering the worker shortages that followed the end of COVID-19 lockups, are still reluctant to let go of staff. The unemployment rate is low at 4.1%.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">But employers aren\u2019t eager to take on new workers. The Labor Department reported Tuesday that gross hiring \u2014 before subtracting people who lost or left their jobs \u2014 fell 5% to fewer than 5.1 million new jobs. The result is what economists call a &#8220;no-hire, no-fire&#8221; labor market in which those have work enjoy job security but times are tough for young workers trying to land an entry-level job or unemployed people seeking to get back to work.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In July, companies, government agencies and nonprofits together <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/economy-jobs-trump-unemployment-rate-jobseekers-9c2d147c14bc428458be5a1e83e54957\">cut 23,000 jobs. <\/a> So far this year, employers are adding 61,000 jobs a month, up from the 9,700 they averaged last year \u2014 the weakest hiring outside a recession since 2002. The lingering effects of high interest rates and Trump\u2019s erratic trade policies discouraged companies from hiring in 2025.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">When the Labor Department releases its report on last month&#8217;s hiring and unemployment Friday, it&#8217;s expected to show that employers added 65,000 jobs in August and that the unemployment rate ticked up to 4.2%, according to a survey of forecasters by the data firm FactSet.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN \">Hiring this year remains well below the 166,000 monthly jobs created, on average, in 2023 and 2024, let alone the 491,000 a month recorded during the 2021-2022 hiring boom that followed pandemic lockdowns.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/abcnews.com\/US\/wireStory\/unemployment-claims-tick-206000-remain-historically-low-levels-136169932\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON &#8212; WASHINGTON (AP) \u2014 More Americans filed for unemployment benefits last week, but layoffs are still rare and jobless claims remain at historically low [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":358879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[31207,9102,492,7772,3953,34763,487,636],"class_list":["post-358876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-erratic-commerce-insurance-policies","tag-factset","tag-labor","tag-labor-division","tag-professional-information-services-nec","tag-tick","tag-unemployment","tag-washington"],"_links":{"self":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/358876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/comments?post=358876"}],"version-history":[{"count":2,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/358876\/revisions"}],"predecessor-version":[{"id":358878,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/358876\/revisions\/358878"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media\/358879"}],"wp:attachment":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media?parent=358876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/categories?post=358876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/tags?post=358876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}