Next Week in Business: jobless claims, mortgage rates and Wall Street’s first trading day of 2025

Next Week in Business: jobless claims, mortgage rates and Wall Street’s first trading day of 2025

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The Labor Department issues its weekly tally of new unemployment benefit claims on Thursday

ByThe Associated Press

December 27, 2024, 12: 01 PM

A look at some of the key business events and economic indicators upcoming next week.

LAYOFFS UPDATE

The Labor Department issues its weekly tally of new unemployment benefit claims on Thursday.

The number of Americans applying for unemployment benefits held steady two weeks ago to a seasonally adjusted 219,000. Weekly applications for jobless benefits are considered a proxy for layoffs.

Initial jobless benefit claims, weekly, seasonally adjusted:

Nov. 15: 215,000

Nov. 22: 215,000

Nov. 29: 225,000

Dec. 6: 242,000

Dec. 13: 220,000

Dec. 20: 219,000

Source: Fact

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