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U.S. weekly jobless claims less than expected as labor market returns to pre-pandemic self

Initial claims for unemployment insurance rose last week but held at levels consistent with how the job market looked before the Covid-19 pandemic devastated the U.S. employment picture, the Labor Department reported Thursday.First-time filings for the week ended Nov. 27 totaled 222,000, less...

Unemployment claims end 2021 near pre-pandemic levels

A recruiter hands out information to a job seeker during a job fair in Miami, Florida, on Dec. 16, 2021.Eva Marie Uzcategui/Bloomberg via Getty ImagesInitial claims for unemployment benefits ended 2021 near pre-pandemic levels, after an improving labor market led claims to fall...