Number of Americans Receiving Unemployment Benefits Falls to 10-Month Low

Initial jobless claims surge after declining to three-year low.

A hiring sign at a grocery store in Ellicott City, Md., on March 24, 2024. Madalina Vasiliu /The Epoch Times

The number of Americans collecting unemployment benefits has slipped to its lowest point in 10 months, the Department of Labor reported on Dec. 11.

For the week ending Nov. 29, continuing jobless claims declined by 99,000 to 1.838 million—the lowest reading since early April. This is down from the previous week’s downwardly revised 1.937 million.