US weekly jobless claims decline amid stable labor market

Source: Reuters

“The number of Americans filing new applications for unemployment benefits decreased last week, suggesting the labor market remained stable early in February. Initial claims for state unemployment benefits fell 7,000 to a seasonally adjusted 213,000 for the week ended February 8, the Labor Department said on Thursday. Economists polled by Reuters had forecast 215,000 claims for the latest week. Claims have trended lower so far this year, consistent with historically low layoffs.”(02/13/25)

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