U.S. jobless claims plummet but miss forecasts for bigger drop

Reade Pickert

12/19/2019

UNITED STATES jobless claims dropped by 18,000 to 234,000. / BLOOMBERG NEWS FILE PHOTO/JEFF KOWALSKY — UNITED STATES jobless claims dropped by 18,000 to 234,000 last week. / BLOOMBERG NEWS FILE PHOTO/JEFF KOWALSKY

WASHINGTON – Filings for United States unemployment benefits fell last week by the most since February though missed forecasts for a larger drop, potentially reflecting lingering seasonal-adjustment issues stemming from the late Thanksgiving holiday this year. Jobless claims dropped by 18,000 to 234,000 in the week ended Dec. 14, according to Labor Department figures released…

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