Economics
Jobless Claims Fall to Four-Week Low in Tight U.S. Labor Market
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U.S. filings for unemployment benefits fell to a four-week low even amid a partial federal government shutdown, showing healthy demand for workers at the start of the year.
Jobless claims decreased by 17,000 to 216,000 in the week ended Jan. 5, below the 226,000 median forecast in a Bloomberg survey of economists, Labor Department figures showed Thursday. The four-week average, a less-volatile measure, edged up to 221,750.