Weekly US jobless claims dip, secondary filings move further below 2.0m

Initial jobless claims dipped last week alongside a moderate drop in those filed for a second time, a positive signal for the pace of job growth. During the week ending on 2 December, claims decreased by 2,000 to reach 236,000, according to the Department of Labor. Meanwhile, the four-week moving average, which aims to smoothe out the volatility in the data from one week to the next, fell by 750 to 241,500. The initial estimate for the previous week was unchanged at 238,000. As an aside, Labor ...

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