U.S. to Reach 100 Weeks of Jobless Claims Below Key Level

Filings for unemployment benefits in the U.S. are estimated to have dropped to 250,000 for the week ended Jan. 28, marking the 100th consecutive period below 300,000, a threshold economists see as indicative of a healthy labor market. That’s the longest streak since a 161-week stretch that ended in 1970, with companies reluctant to fire employees as it becomes tougher to find experienced workers to replace them. The Labor Department is scheduled to release the jobless-claims figures on Thursday, followed by January employment numbers on Friday.

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