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Economic News

Unemployment Claims Fall to 233K as Layoffs Remain Low

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03 July 2025
Fewer Americans applied for unemployment benefits last week as layoffs in the U.S. remain low despite uncertainty about how tariffs will impact the economy.
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U.S. payrolls increased by 147,000 in June, more than expected

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03 July 2025
Nonfarm payrolls were expected to increase 110,000 in June. The unemployment rate was forecast to rise to 4.3%.
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US Employers Added a Surprising 147K Jobs, Unemployment at 4.1%

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03 July 2025
U.S. employers added 147,000 jobs in June as the American labor market continues to show surprising resilience despite uncertainty over President Donald Trump's economic policies.
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Central Banker Poll: Fed Independence, US Rule of Law at Risk

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03 July 2025
Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the United States may deteriorate enough to influence their asset allocation significantly, UBS Asset Management said in a survey.
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Jobs Report Likely to Show Hiring Slowed in June

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03 July 2025
The steady slowdown in U.S. hiring likely continued in June as President Donald Trump's trade wars, federal hiring freeze and immigration crackdown weighed on the American job market.
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