TechFlow News, March 19: According to JINSHI Data, U.S. initial jobless claims unexpectedly declined last week, indicating a stable labor market and a rebound in employment growth for March. The U.S. Department of Labor reported on Thursday that for the week ending March 14, seasonally adjusted initial jobless claims fell by 8,000 to 205,000—below the market expectation of 215,000—and marked the lowest level since January last year, further underscoring limited layoffs. The U.S. government introduced new seasonal adjustment factors for 2026 and revised seasonal factors for 2021–2025; corresponding revisions were also made to initial claims data for 2021–2025. Although businesses remain hesitant to hire additional workers amid uncertainty over potential large-scale tariffs under the Trump administration, layoff numbers have remained low. Economists note that tighter immigration policies under the Trump administration have reduced labor supply, thereby constraining employment growth.
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