U.S. jobless claims fell in the final week in 2022, signaling continued historic tightness in the labor market.
Initial jobless claims, a proxy for layoffs, fell by 19,000 to a seasonally adjusted 204,000 last week, the Labor Department said Thursday. Claims had mostly trended higher since hitting their lowest levels in over a half-century last spring, but they continue to hover near their 2019 prepandemic levels.
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