Applications for U.S. Jobless Benefits Decline to Four-Week Low
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Filings for unemployment benefits in the U.S. decreased to a four-week low, indicating a still-solid labor market approaching the new year.
Jobless claims fell by 5,000 to 267,000 in the week ended Dec. 19, a Labor Department report showed Thursday. The median forecast in a Bloomberg survey called for 270,000. Applications are hovering close to the 255,000 level reached in July, the lowest since the 1970s.