WASHINGTON (Dow Jones) — Initial claims for U.S. unemployment insurance benefits decreased more than expected for the week ended December 31, 2022. Compared to the previous week, it fell by a seasonally adjusted 19,000 to 204,000, according to the US Department of Labor. Economists polled by Dow Jones Newswires had only predicted a drop to 223,000. The figure for the previous week was revised down to 223,000 from the original 225,000. The four-week moving average decreased 6,750 to 213,750.
In the week ended December 24, 1.694 million people received unemployment benefits, down 24,000 from the previous week.
Table: http://www.dol.gov/ui/data.pdf
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(END) Dow Jones Newswires
January 05, 2023 08:40 ET (13:40 GMT)