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US unemployment claims fall again last week, remain at historically healthy level
Weekly jobless claims fell by 10,000 to 214,000, remaining historically low despite slower hiring and recent payroll revisions, the U.S. Labor Department reported.
- The number of Americans applying for unemployment benefits fell last week but remains at historically healthy levels.
- The U.S. gained 64,000 jobs in November but lost 105,000 in October due to federal workers' departures.
- Job creation has fallen to an average of 35,000 a month since March, compared to 71,000 in the previous year, as hiring has lost momentum.
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Unemployment claims drop ahead of holiday week
The number of Americans filing for unemployment benefits unexpectedly fell last week, consistent with a continued low level of layoffs during the period. However, the unemployment rate remained elevated in December amid sluggish hiring. Initial claims for state unemployment benefits dropped for a second straight week, declining by 10,000 to a seasonally adjusted 214,000 for the week ended December 20, according to the Labor Department. That figu…
Associated Press News+53 Reposted by 53 other sources
US unemployment claims fall again last week, remain at historically healthy level
The number of Americans applying for unemployment benefits fell last week and remain at historically healthy levels despite some signs that the labor market is weakening.
·New York, United States
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Coverage Details
Total News Sources62
Leaning Left8Leaning Right10Center39Last UpdatedBias Distribution68% Center
Bias Distribution
- 68% of the sources are Center
68% Center
14%
C 68%
R 18%
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