The number of first-time applicants in the United States has decreased, and the unemployment rate in March may remain stable

律动BlockBeats
律动BlockBeats|Mar 27, 2025 12:42
BlockBeats News: On March 27th, last week, the number of new applications for unemployment benefits in the United States decreased, while the unemployment rate seemed to remain stable in March. The low layoff rate has eased the impact of a significant slowdown in recruitment, keeping the labor market on a solid foundation and putting economic expansion on track. But Trump's aggressive trade policies and ambitious measures to significantly reduce the size of the federal government through massive spending cuts and layoffs have cast a shadow over the economy. Although the number of federal government workers applying for unemployment compensation has not significantly increased, the number of applicants in the Washington D.C. metropolitan area (including parts of neighboring Maryland and Virginia) has increased. This is likely to reflect the situation of contractors and other personnel who rely on government funds being laid off. A survey released by the World Federation of Large Enterprises on Tuesday showed that consumers' views on the labor market slightly improved in March, and economists expect the unemployment rate to remain stable at 4.1% this month. (Golden Ten)
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