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Jobless claims fall below 200,000 for first time since September

By Zach Halaschak
Published January 19, 2023 1:31pm ET
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Jobless claims fall below 200,000 for first time since September
The number of new applications for unemployment benefits unexpectedly dropped by 15,000 to 190,000 last week, the Labor Department reported Thursday, an encouraging sign for the economy. Falling jobless claims, a proxy for layoffs, are a sign the labor market is resilient despite the Federal Reserve’s historic effort to tighten monetary policy to slow economywide […]

The number of new applications for unemployment benefits unexpectedly dropped by 15,000 to 190,000 last week, the Labor Department reported Thursday, an encouraging sign for the economy.

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Federal Reserve Jobs Recession Unemployment