Jobless Claims in US – Near 42-year low

The number of Americans filing for unemployment benefits fell more than expected last week, nearing a 42-year low as labor market conditions continued to tighten in a boost to the economy.Initial claims for state unemployment benefits dropped 5,000 to a seasonally adjusted 267,000 for the week ended Dec.19, not far from levels last seen in late 1973, the Labor Department said on Thursday.

Chosen excerpts by Job Market Monitor. Read the whole story at U.S. jobless claims near 42-year low as labor market tightens | Reuters