U.S. Jobless Claims Dip In Sign Of Labor Market Strength

Credit: Wochit News
Published on December 27, 2018 - Duration: 00:37s

U.S. Jobless Claims Dip In Sign Of Labor Market Strength

The number of Americans filing applications for jobless benefits fell marginally last week to near a 49-year low, pointing to underlying strength in the labor market.

Initial claims for state unemployment benefits dropped 1,000 to a seasonally adjusted 216,000 for the week ended Dec.

22, the Labor Department said on Thursday.

After several years of near-steady falls, claims trended higher between mid-September and mid-December, prompting concern the U.S. economy was losing a step.

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U.S. Jobless Claims Dip In Sign Of Labor Market Strength

APRIL 22, 2015, FILE PHOTO TUESDAY, OCT.

3, 2017, PHOTO SEPT.

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