U.S. filings for jobless benefits were unchanged last week, remaining at the higher end of recent ranges
Unemployment benefits claims edged higher last week to 247,000
U.S. labour market remains strong with steady job growth and low unemployment
Tariff-related anxiety eased, with fewer Americans expecting a recession in the next year
The unemployment rate held at a healthy 4.2% in April
Producer price index falls 0.5% in April, with tariffs impact expected to show up starting in June
Layoffs remain low despite tariff uncertainty
Applications for unemployment benefits fell by 13,000 to 228,000 last week
Layoffs remain historically low as economy shows early signs of slowing
Businesses continue to hold onto workers despite fears of an economic slowdown