News list for "US last week"

The Musk-led DOGE laid off thousands of federal employees, and U.S. initial jobless claims rose modestly

The number of Americans filing initial jobless claims rose modestly last week, indicating that the labor market remains on solid footing. In recent days, Elon Musk's Department of Government Efficiency has laid off thousands of federal employees. The claims for unemployment benefits for these laid-offs were filed separately under the Federal Employees' Unemployment Compensation (UCFE) program, with a one-week delay in data reporting. The White House wants to cut about 2.30 million federal govern...

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2025-02-20 13:53:30