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Weekly Jobless Claims December 22, 2018



Recent claims data "suggest that the labor market will improve from a few weeks ago, but will be softened under conditions compared to a few months ago," said Daniel Silver, an economist at JP Morgan.

The four-week move The average of first-time job submissions, which are considered to be a better measure of labor market development, as they can offset week to week volatility, fell 4,750 to 218,000 last week.

Worries about the US economy were also disrupted by signs of housing weakness market.

US Home prices rose 0.3 percent in October, 5.7 percent year-on-year, the lowest in more than two years, according to US Federal Housing Finance Agency data Thursday.

Some consumers point to it Worried about the economy, the Conference Board's Consumer Confidence Index declined slightly in December, reaching its lowest level since July.


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