Some 198,000 people filed for jobless claims last week, a near-50-year low
CBSN
The ranks of U.S. workers filing for jobless aid remains near a half-century low amid a tight labor market that's spurring employers to keep hold of their workers.
About 198,000 people filed for first-time unemployment benefits in the week ended December 25, the Labor Department said Thursday. That compares with about 205,000 jobless claims in the previous week.
The Labor Department's four-week moving average for newly unemployed people was 199,250, matching a low last seen in October 1969, the agency reported.
Five people boarded OceanGate's Titan submersible last summer to dive down to see the wreckage of the Titanic, but less than two hours later, the vessel imploded, killing all on board. Now, a billionaire from Ohio wants to make his own attempt – an idea he had just days after the Titan met its fatal end.