The number of Americans filing for unemployment benefits decreased by the largest margin since November, indicating that the labor market is stabilizing.

2026-02-20 01:59:48

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Maritime Finance News: On February 19, the number of Americans filing for unemployment benefits dropped to the largest decline since November of last year, further indicating that the labor market is stabilizing. According to data released by the Department of Labor on Thursday, for the week ending February 14, initial unemployment claims decreased by 23,000 to 206,000, a figure below nearly all forecasts in institutional surveys. This suggests that layoffs remain generally low, and those temporarily unable to work due to severe winter storms at the end of January have already returned to work. However, the number of continued unemployment claims rose to 1.87 million last week, the highest level since early January. (Jin10)

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