Retail News

New jobless claims hit historic lows and the worker shortage continues

Yahoo Finance 12/30/2021

Initial jobless claims released today from the Labor Department are at 198,000 for the week ending Dec. 25, somewhat lower than expected and historically low — in fact close to the lowest level since 1969. Continuing claims for the week ending Dec. 18 were at 1.716 million, a new low point since the start of the pandemic.

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