Initial Jobless Claims Fall Thursday, December 26, 11:39 AM ET
This morning, the Labor Department reported initial jobless claims decreased by 42,000 to a seasonally adjusted 338,000 new claims. In the report, the Labor Department noted that the holiday season typically has higher volatility and this week was no different. The markets were trading higher on Thursday morning as economists were expecting a reading of 350,000 new claims.
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