The U.S. Department of Labor released its latest jobless claims data on Thursday 22. The adjusted number of initial jobless claims reported last week was 216,000, an increase of 2,000 from the previous revised value of 214,000 and lower than the market expectations of 222,000; the number of continuing claims was reported at 1.672 million, below market expectations of 1.683 million and a decline of 6,000 from the previously revised value. Data showed that the labor market remained resilient amid a weak US economy .
As of the week of Dec. 17, the adjusted number of initial jobless claims in the United States reported 216,000, which was lower than market expectations of 222,000, an increase of 2,000 from the prior week’s revised 214,000 and moving average of 4 weeks The reported value was 221,700 people.
For the week ending December 10, adjusted US jobless claims came in at 1.672 million, down 6,000 from last week’s revised 1.678 million, in line with market expectations of 1.671 million and the moving average of 4 weeks of 1.6572 million people.
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