US jobless claims fall in week before Christmas holiday

First-time claims for unemployment insurance in the US fell 10,000 in the week ending December 24 to 265,000 from the previous week, according to seasonally adjusted figuresNew US claims for jobless benefits fell in the week before the Christmas holiday, continuing a record streak of low levels, the Labor Department reported Thursday. First-time claims for unemployment insurance fell 10,000 in the week ending December 24 to 265,000 from the previous week, seasonally adjusted. The more stable four-week moving average for initial claims was essentially flat at 263,000, down just 750 from the prior week.

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