The number of initial jobless claims in the US has slightly decreased, and employer layoffs are relatively low.

Jin10 data reported on August 14 that last week, the number of initial jobless claims in the U.S. slightly decreased, indicating that employers are still reluctant to lay off workers. For the week ending August 9, initial jobless claims fell by 3,000 to 224,000, which is broadly in line with economists' expectations. Due to Trump's policies, especially the economic uncertainty brought by tariff policies, companies have reduced the number of new hires. However, the relatively low number of initial claims indicates that employers are not laying off on a large scale. In addition, the number of continuing claims for unemployment benefits fell to 1.95 million. This figure has hovered near the highest level since 2021 over the past few months, indicating that many unemployed Americans are finding it difficult to secure jobs.

TRUMP-5.85%
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