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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.
Jobless Claims Show No Rise in Layoffs in 2024. Don't Expect the Trend to End Soon.
Express News | USA Initial Jobless Claims 219K Vs 223K Est.; 220K Prior
