New jobless claims hit historic lows and the worker shortage continues
December 30, 2021
Initial jobless claims released today from the Labor Department are at 198,000 for the week ending Dec. 25, somewhat lower than expected and historically low — in fact close to the lowest level since 1969. Continuing claims for the week ending Dec. 18 were at 1.716 million, a new low point since the start of the pandemic.
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