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The number of initial unemployment claims in the USA has dropped to the lowest level in a month, indicating that the labor market continues to show resilience.
Due to the low number of layoffs, the number of initial unemployment claims saw a slight decline; however, as of the week ending December 14, the number of continuing unemployment claims rose to the highest level in over three years.
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The number of initial jobless claims in the USA has dropped to the lowest level in a month as the labor market continues to show resilience.
Due to the low number of layoffs, the number of initial unemployment claims saw a slight decline; however, as of the week ending December 14, the number of continuing unemployment claims rose to the highest level in over three years.