02-January-2026
Economy News
 
US weekly jobless claims slide to 1-month low of 199,000: What to know
01-Jan-2026

The number of Americans filing new applications for jobless benefits fell unexpectedly last week to the lowest in a month, but the unemployment rate likely remained high in December amid sluggish hiring. Initial claims for state unemployment benefits dropped by 16,000 to a seasonally adjusted 199,000 for the week ended December 27, the Labor Department said on Wednesday. Economists polled by Reuters had forecast 220,000 claims for the latest week. The report was published a day early because of the New Year’s Day holiday.

News Source:- https://www.financialexpress.com/world-news/us-news/us-weekly-jobless-claims-slide-to-1-month-low-of-199000-what-to-know/4093778/?ref=us_news_hp