(Reuters) – The variety of Individuals submitting new functions for jobless advantages dipped to the bottom in a month final week, in keeping with a cooling however still-healthy U.S. labor market.
Preliminary claims for state unemployment advantages fell by 1,000 to a seasonally adjusted 219,000 for the week ended Dec. 21, the Labor Division stated on Thursday. Economists polled by Reuters had forecast 224,000 claims for the newest week.
The variety of folks receiving advantages after an preliminary week of support, a proxy for hiring, rose 46,000 to a seasonally adjusted 1.910 million – the very best since November 2021 – through the week ending Dec. 14, the claims report confirmed. Economists had been anticipating the extent of continued claims to be 1.880 million.
