The FINANCIAL — After reporting first-time claims for U.S. unemployment benefits at a five-month high in the previous week, the Labor Department released a report on December 17 showing a pullback in initial jobless claims in the week ended December 12th, according to Nasdaq.
The report said initial jobless claims fell to 271,000, a decrease of 11,000 from the previous week’s unrevised level of 282,000. Economists had expected jobless claims to pull back to 275,000.
Discussion about this post