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Bloomberg

U.S. jobless claims unexpectedly tumble to 198,000

Bloomberg · Just In
Bloomberg
Bloomberg
Just In

Applications for U.S. unemployment benefits decreased by 9,000 to 198,000 in the week ended Jan. 10, the lowest level since November.

Breakdown
  • Jobless claims dropped to 198,000, a notable decrease.
  • Last week's claims revised down to 207,000. 5s
  • Continuing claims fell to 1,884,000 from 1,903,000. 21s
  • Import prices rose just 0.1%, showing little tariff impact. 29s
  • Labor market remains strong as claims fall and workforce grows. 54s