U.S. Jobless Claims Slip Below 200,000 for First Time in Nearly a Year

Latest data from the U. S. Labor Department delivered a notable surprise at year-end, with unemployment claims falling more sharply than expected and signaling continued resilience in the American labor market. For the week ending December 27, initial jobless claims dropped to 199,000, down 16,000 from the prior week source: https://www.ethnews.com/u-s-jobless-claims-slip-below-200000-for-first-time-in-nearly-a-year/