Jobless Claims in U.S. Decrease to Lowest Level in Six Weeks

From bloomberg.com

The number of Americans filing for unemployment benefits fell last week as the economy’s continued improvement tempered dismissals. Jobless claims decreased by 6,000 to 289,000 in the week ended Dec. 13, the fewest since early November, a Labor Department report showed today in Washington. The median forecast in a Bloomberg survey of 51 economists projected 295,000. Claims have been below 300,000 for 13 of the past 14 weeks. Employers are curtailing dismissals and hiring at the strongest pace since 1999, a sign of a tightening labor market that may put upward pressure on wage growth. Federal Reserve Chair Janet ... (full story)