U.S. Unemployment Claims Fall to 214,000
The figure came in below market projections, which anticipated claims would hold steady at the prior week's 224,000 level.
Meanwhile, the four-week moving average—a metric that smooths out weekly volatility—decreased by 750 to settle at 216,750, down from the previous period's 217,500.
However, continuing unemployment benefit claims painted a different picture, climbing to 1.923 million during the same timeframe, up from 1.885 million the week before.
Recent employment data shows the US economy generated 64,000 new positions in November, a recovery following October's loss of 105,000 jobs.
The unemployment rate surged to 4.6% in November—the highest level recorded in approximately four years—representing an increase from September's 4.4% and exceeding analyst expectations.
The mixed signals reflect ongoing uncertainty about labor market resilience as economic conditions continue to shift.
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