Jobless Claims
Labor Market Defies Gravity: Surprise Drop in Jobless Claims Clouds Fed’s 2026 Rate Path
The U.S. labor market delivered a holiday surprise on Wednesday, December 24, 2025, as weekly jobless claims fell unexpectedly to 214,000, signaling a level of resilience that complicates the Federal Reserve's mission to cool the economy. Coming in well below the consensus forecast of 225,000,