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Economy

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mahatmakanejeeves

(62,736 posts)
Thu Dec 15, 2022, 10:52 AM Dec 2022

US Jobless Claims Unexpectedly Drop to Lowest Since September [View all]

Economics
Jobs

US Jobless Claims Unexpectedly Drop to Lowest Since September
• Applications fell to 211,000; economists anticipated 232,000
• Continuing claims were little changed at 1.67 million

By Augusta Saraiva
December 15, 2022 at 8:35 AM EST Updated on December 15, 2022 at 8:49 AM EST

Applications for US unemployment benefits fell last week to the lowest since September, another sign of resiliency in the labor market amid a weakening economy.

Initial unemployment claims decreased by 20,000 to 211,000 in the week ended Dec. 10, Labor Department data ...

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