Jobless Claims Are Steady, Higher Than Re­cent Trend

The Bond Buyer - - Market News - — Gary E. Siegel

Ini­tial jobless claims re­mained at 245,000 in the week ended Dec. 23, the La­bor De­part­ment said Thurs­day.

Con­tin­u­ing jobless claims were 1.943 mil­lion in the week ended Dec. 16, up from 1.936 mil­lion the week be­fore.

IFR Mar­kets ex­pected 242,000 ini­tial claims and 1.920 mil­lion con­tin­u­ing claims. The four-week av­er­age of ini­tial claims rose 1,750 in the week ended Dec. 23 to 237,750.

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