Economics

U.S. Filings for Jobless Benefits Fall to Three-Week Low

A job seeker, left, shakes hands with a representative during a Shades of Commerce Career Fair in the Brooklyn borough of New York, U.S., on Saturday, Feb. 17, 2018. The latest initial jobless claims, which correspond to the February employment survey period, fell from the previous week to a five-week low and continue to flirt with multi-decade lows.Photographer: Gabby Jones/Bloomberg
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Filings for U.S. unemployment benefits fell to a three-week low, reflecting a solid labor market and indicating the data are emerging from recent bout of seasonal volatility.

Jobless claims declined to 222,000 in the week ended Dec. 21 from 235,000, according to Labor Department figures released Thursday that were in line with the median forecast in Bloomberg’s survey of economists. Filings were estimated for six states and Puerto Rico.