Jobless Claims Flicker Upward, Reaching Levels Not Seen in Years
US jobless claims hit 189,000 in April 2026, highest in 3 years. What does this mean for job seekers and the economy?
#JoblessClaims, #Unemployment, #USJobs, #Economy, #April2026
Jobless Claims Flicker Upward, Reaching Levels Not Seen in Years
US jobless claims hit 189,000 in April 2026, highest in 3 years. What does this mean for job seekers and the economy?
#JoblessClaims, #Unemployment, #USJobs, #Economy, #April2026
US jobless claims reached 189,000 in April 2026, the highest in three years. This is a significant increase compared to previous periods.
#JoblessClaims, #Unemployment, #USJobs, #Economy, #April2026
https://newsletter.tf/jobless-claims-rise-april-2026-us/
📢 The Palestinian General Federation of Trade Unions said on Thursday that around 550,000 workers in Palestine are currently unemployed, with joblessness reaching unprecedented levels across the #westbank and #gaza
🔹 #unemployment rates have risen to 85 percent in the Gaza Strip and 38 percent in the West Bank, reflecting a severe crisis impacting livelihoods and undermining basic living conditions
#apartheid #genocide #ihl #law #mayday
📰 WAFA
PBS NewsHour - The Latest | Weekly U.S. jobless claims fall to 189,000, lowest in more than five decades by Matt Ott, Associated Press
AI generated summary, Read the full article for complete information.
In the week ending April 25, U.S. jobless‑benefit applications dropped by 26,000 to 189,000— the fewest new claims since September 1969 and the lowest level in more than five decades—defying analysts’ expectations of about 214,000. The Labor Department said the four‑week moving average fell to 207,500, while total weekly filers slipped to 1.79 million. Despite this positive signal, the labor market remains strained: core inflation surged, driven in part by higher gas prices as the Iran‑U.S. conflict pushes crude to around $104 a barrel; the Federal Reserve kept rates steady amid Middle‑East uncertainty, and employers added fewer than 200,000 jobs last year after a sharp slowdown following pandemic‑era expansions. Economists warn that elevated energy and material costs, together with AI‑driven hiring caution and lingering tariff impacts, could later revive layoffs even as the unemployment rate stays near historic lows.
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Waves of layoffs across Iran as the result of US/Israeli bombings of Iranian industrial facilities.
Reports of mass layoffs coming from every corner of Iran as small factories and workshops are unable to work because of the lack of material needed for their work.
The metal production in Iran has been cut by over 50%, same with aluminum and copper.
Petrochemical products have skyrocketed in price since the start of the US and Israeli war against Iran and many small factories are unable to purchase needed chemicals for their products.
Price of food and every day items have increased by up to 50% in the past 2 months and luxury items like high end mobile phones and electronic goods are hard to find and extremely expensive since the main supply route of the items from Dubai has been cut off completely.
#Iran #Economy #Unemployment #WarOnIran #Inflation #WarOnIran #US #Israel #USblockade #Dubai