US Jobless Claims Tick Up to 212,000 Weekly Amid Moderate Layoffs

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US Jobless Claims Edge Up to 212,000, Layoffs Remain Moderate

A help wanted sign hangs on the door of a Blockbuster movie and game store in Golden, Colorado September 17, 2009. The number of U.S. workers filing new claims for jobless benefits unexpectedly fell last week data showed, while there was a rise in the number of those still on the benefit rolls after an initial week of aid. REUTERS/Rick Wilking (UNITED STATES BUSINESS EMPLOYMENT)

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CNBC TV18•26-02-2026, 20:16

US Jobless Claims Edge Up to 212,000, Layoffs Remain Moderate

•US weekly jobless claims rose slightly by 4,000 to 212,000 for the week ending February 21, matching analyst expectations.
•Layoffs remain moderate, with weekly claims staying within a historically low range of 200,000 to 250,000 for several years.
•Despite some high-profile job cuts by companies like UPS and Amazon, the overall job market is in a "low-hire, low-fire" state.
•Government revisions significantly cut 2024-2025 US payrolls, reducing last year's job creation to 181,000, the weakest since 2020.
•Economists are divided on whether January's strong job gains signal recovery or a one-off, impacting potential Fed interest rate cuts.

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