The number of initial jobless claims fell more than expected, and the US dollar index DXY rose in the short term to 107.98

The number of initial jobless claims in the United States fell more than expected last week, in line with the cooling of job market conditions. The U.S. Department of Labor reported on Thursday that the number of initial unemployment claims fell by 22,000 in the week ending December 14, to a seasonally adjusted 220,000 (230,000 in a Reuters poll). Initial jobless claims have entered a period of volatility, which may make it difficult to get a clear picture of the labor market. A range of indicators, including the number of people applying for unemployment benefits and job openings, show that the employment situation is much looser than before the COVID-19 pandemic, but the labor market is slowing down in an orderly manner. The U.S. dollar index DXY rose 10 points in the short term and is now at 107.98. (Jinshi)