US Jobless Claims Fell Last Week During Holiday Season Volatility
- New filings have fluctuated over past month, remain fairly low
- Recurring claims, however, have trended up this year
An attendee places their resume in a drop box at the Albany Job Fair in Latham, New York.
Photographer: Angus Mordant/BloombergThis article is for subscribers only.
Applications for US unemployment benefits fell last week after spiking earlier this month, continuing a streak of volatility that often occurs during the holiday season.
Initial claims decreased by 22,000 to 220,000 in the week ended Dec. 14. The median forecast in a Bloomberg survey of economists called for 230,000 applications.