"US Weekly Jobless Claims Plummet to 212K, Signaling Labor Market Resilience"
TL;DR Summary
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:business#continuing-claims#department-of-labor#initial-jobless-claims#unemployment-rate#us-economy
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