Applications for jobless benefits declined last week to 225K

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Applications for jobless benefits declined last week to 225K
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The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffected by the Federal Reserve's aggressive interest rate hikes.

The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffected by the Federal Reserve's aggressive interest rate hikes.The number of Americans applying for unemployment benefits came back down last week and continue to hover around levels suggesting the U.S.

The four-week moving average of claims, which evens out week-to-week swings, inched up by 1,750 to 227,000 Applications for jobless aid fell to 225,000 for the week ending Nov. 26, a decline of 16,000 from the previous week's 241,000, the Labor Department reported Thursday. The four-week moving average of claims, which evens out week-to-week swings, inched up by 1,750 to 227,000.

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