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Unemployment Claims Fell During Holiday Week
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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.
Read more on wsj.comAbout this in other media
Unemployed Americans Find Job Searches Take Longer as Labor Market Cools wsj.com /1 year ago
Jobless Claims Fell by 15,000 Last Week wsj.com /1 year ago
Jobless Claims Fell by 15,000 Last Week wsj.com /1 year ago
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