U.S. jobless claims fall to 12-week low amid tight labor market

U.S. JOBLESS CLAIMS declined to to 206,000 last week . /BLOOMBERG NEWS FILE PHOTO/GABBY JONES
U.S. JOBLESS CLAIMS declined to to 206,000 last week . /BLOOMBERG NEWS FILE PHOTO/GABBY JONES
NEW YORK - United States filings for unemployment benefits fell last week to the lowest since September, returning to hover near an almost five-decade low and signaling the labor market remains tight after what some economists saw as possible cooling signs. Jobless claims dropped to 206,000 in the week ended Dec. 8, below the 226,000…
To read the full story, Subscribe or
Subscribe to PBN
- Advertisement -