U.S. Jobless Claims Fall to 199,000 Despite Signs of Labor Market Weakness

Fewer Americans applied for unemployment benefits last week with layoffs remaining low despite a weakening labor market. U.S. applications for jobless claims for the week ending Dec. 27 fell by 16,000 to 199,000 from the previous week’s 215,000, the Labor Department reported Wednesday. Analysts surveyed by the data firm FactSet forecast 208,000 new applications. Unemployment […]