Jobless claims tumble in mid-December after spiking to a more than two-year high
December 19, 2019 at 08:31 AM EST
The number of Americans applying for unemployment benefits fell in mid-December, returning closer to the extremely low level of layoffs that has prevailed over the past few years. Initial jobless claims fell by 18,000 to 234,000, just a week after new filings surged to a two-year high.