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26.12 - 23:05
Jobless Claims Likely Remained Near Decades Low, Economists Say
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New applications for unemployment benefits likely edged higher last week but stayed very low, reflecting an unusually tight labor market as the economy continued to recover.
Economists surveyed by The Wall Street Journal estimated that initial jobless claims, a proxy for layoffs, inched up to 195,000 for the week that ended Dec. 11 from 184,000—the lowest level in 52 years—the week before. Some economists attributed that half-century low to seasonal adjustments being thrown off because of the Covid-19 pandemic. Still, new jobless claims have been steadily declining throughout the year.
Read more on wsj.comAbout this in other media
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