The U.S. initial jobless claims fell to an eight-month low last week

BlockBeats News, January 2nd, in the United States, the initial jobless claims last week dropped to an eight-month low, and continuing jobless claims also fell to a three-month low of 1.844 million people. This reflects a relatively small scale of layoffs in the U.S. labor market, which still maintains surprisingly resilience. Currently, the number of initial jobless claims is low, consistent with pre-pandemic levels, and is also consistent with the employment market, where companies are generally reluctant to lay off employees. (FXStreet)