"US Weekly Jobless Claims Plummet to 212K, Signaling Labor Market Resilience"
TL;DR
Initial jobless claims for the past week fell by 8,000 to 212,000, surpassing the expected 219,000, while continuing claims rose to 1.895 million. The four-week moving average increased to 218,500. The advance seasonally adjusted insured unemployment rate was 1.3%, up from the previous week's 1.2%.
Topics:businessus-economy#continuing-claims#department-of-labor#initial-jobless-claims#unemployment-rate#us-economy
- Initial jobless claims fall more than expected in past week Seeking Alpha
- Jobless claims fall to one-month low of 212,000. Layoffs still small. MarketWatch
- Fewer Americans are Losing Their Jobs - Unemployment Newsweek
- US applications for jobless benefits fall as labor market continues to show resilience The Boston Globe
- Gold prices holding near $2000 after U.S. weekly jobless claims drop to 212K Kitco NEWS
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