This year is shaping up to be a very good one! Here’s why: the Labor Department reported jobless claims totaling 280,000 for the week ending December 20. This is a decrease of 9,000 from the previous week’s level of 289,000.
This is also a lower number than economists surveyed by Bloomberg. Their original projection? 290,000! This marks the fourth consecutive week of a decline in unemployment claims. Read more