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U.S. Jobs – Trump Slump Continues

During the week ending 31 January 2026, the advance figure for seasonally adjusted initial unemployment claims was 231,000, an increase of 22,000 from the previous week’s unrevised level of 209,000. The 4-week moving average was 212,250, an increase of 6000 from the previous week’s unrevised average of 206,250, according to the latest statistics published by the U.S. Department of Labor (DOL) today. Total insured unemployment at 2,153,637 increased from 2,136,751 one year ago. Moreover, a key measure – vacancies, aka open or available jobs – dropped to 6.5 million in December, down from 6.9 million in November and the lowest since September 2020. Continue reading

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