The number of Americans filing claims for jobless benefits edged lower last week...
WASHINGTON - The number of Americans filing claims for jobless benefits edged lower last week, a positive signal for the U.S. labor market amid recent signs that new claims may be trending slightly higher.
Initial claims for state unemployment benefits decreased 2,000 to a seasonally adjusted 222,000 for the week ended Dec. 28, the Labor Department said on Thursday.While claims have been volatile in recent weeks around the U.S. holiday season and end of the year, longer-term averages suggest the strength in claims data may have ebbed slightly in recent months.
Still, the underlying trend in claims remains consistent with a labor market that is resisting signs of weakness in other parts of the economy, such as a slowdown in U.S. manufacturing and lackluster business investment.U.S. stock futures were little changed following the release of the jobless claims data, holding onto gains spurred earlier in the day by fresh economic stimulus from Beijing and optimism around easing trade tensions.
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