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Low Initial Jobless Claims Reflect Tight Labor Market

Initial jobless claims, a proxy for layoffs, totaled a seasonally adjusted 222,000 for the week that ended Nov. 27, following the prior week’s report showing the lowest number of new claims in 52 years.

Dec. 2, 2021 at 9:04 a.m. ET

by Gabriel T. Rubin

This post was originally published on Market Watch