According to the latest statistics, the number of initial unemployment claims in the United States for the week ending December 27 was 199,000, lower than the market expectation of 220,000, reflecting that the labor market remains relatively resilient. The previous figure has also been revised from 214,000 to 215,000.
This data indicates that the US labor market continues to demonstrate resilience during the year-end period. The initial unemployment claims being below expectations is generally seen as a positive signal of employment market strength, suggesting that layoffs by companies at the end of the year are relatively manageable.
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US employment market data exceeds market expectations
According to the latest statistics, the number of initial unemployment claims in the United States for the week ending December 27 was 199,000, lower than the market expectation of 220,000, reflecting that the labor market remains relatively resilient. The previous figure has also been revised from 214,000 to 215,000.
This data indicates that the US labor market continues to demonstrate resilience during the year-end period. The initial unemployment claims being below expectations is generally seen as a positive signal of employment market strength, suggesting that layoffs by companies at the end of the year are relatively manageable.