I don't understand the employment data [View all]
US weekly jobless claims dive to a more than three-year low
WASHINGTON, Dec 4 (Reuters) - The number of Americans filing new applications for unemployment benefits fell to a more than three-year low last week, allaying fears of a sharp deterioration in labor market conditions after independent surveys showed job losses in November.
Difficulties adjusting the weekly jobless claims data around the Thanksgiving holiday could have accounted for some of the unexpected decline reported by the Labor Department on Thursday. Still, economists said the weekly unemployment claims report, the most timely data on the economy's health, was consistent with a labor market that remained in a holding pattern.
https://www.reuters.com/world/us/us-weekly-jobless-claims-drop-lowest-level-more-than-three-years-2025-12-04/
After all the Musk firing of Federal employees and we hear about employers not hiring we get such a positive image?
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