BREAKING NEWS

BREAKING NEWS

Holiday season good news for the US job market.

Now Reading:

Holiday season good news for the US job market.

Text size Aa Aa

In the US, the number of people without work applying for assistance for the first time fell unexpectedly by 5,000 last week. Labour department figures show that 326,000 people without work filed for unemployment insurance in the week before Christmas, down from a revised 331,000 a week earlier.

Analysts say there does not appear to be any special factors coming into play in the drop. They say seasonal adjustments had already taken into account the effects of a week made shorter because of the holidays.