The number of Americans filing new jobless claims fell to its lowest level in 3 months last week and layoffs fell 43% in December, indicating a job market downturn that could be pushed by the Federal Reserve (the central bank) USA). ) keep raising interest rates.
The Labor Department said on Thursday that initial jobless claims fell by 19,000 to a seasonally adjusted 204,000 in the week ended December 31, the lowest level since late September.
Economists polled by Reuters were expecting 225,000 applications.
The data was affected by the volatility that accompanied the New Year holidays. These fluctuations have kept order volume at a very low level despite layoffs in the tech sector and interest rate sensitive industries such as housing and finance.
Yesterday, on Wednesday, the Ministry of Labor stated that at the end of November there were 10 million 458 thousand vacancies, which means 1.74 jobs for every unemployed person.
The report also shows that the number of people receiving benefits after the first week of filing fell by 24,000 to 1.694 million in the week ended Dec. 24.