The Labor Department announced 202,000 new US jobless claims for the week ending December 25, down 18,000 on the previous week's revised figure.

The four-week moving average - more representative of the underlying trend - stood at 207,750 for the same week, down 4,750 on the previous week's revised average.

Finally, the number of people receiving regular benefits fell by 31,000 to 1,855,000 in the week ending December 18, the most recent period available for this statistic.

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