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•  From the Associated Press:

"The number of Americans applying for unemployment benefits fell last week as the labor market continues to show resilience despite elevated interest rates.

Jobless claims fell to 202,000 for the week ending Dec. 30, down by 18,000 from the previous week, the Labor Department reported Thursday. The four-week average of claims, which evens out some of the week-to-week volatility, fell by 4,750 to 207,750.

"Overall, 1.86 million Americans were collecting jobless benefits during the week that ended Dec. 23, a decrease of 31,000 from the previous week and the fewest in two months.

"Weekly unemployment claims are a proxy for layoffs. They have remained at extraordinarily low levels in the face of high interest rates."

•  From Bloomberg:

"US companies ramped up hiring in December and wage gains continued to cool, consistent with an outlook for sustained economic growth and diminishing inflation.

"Private payrolls increased 164,000 last month, the most since August, according to figures published Thursday by the ADP Research Institute in collaboration with Stanford Digital Economy Lab. The reading came in above all but one estimate in a Bloomberg survey of economists.

"The advance was led by services sectors including leisure and hospitality and education and health care, while manufacturing cut jobs for a fourth straight month. The West and the Northeast added jobs, while the South and Midwest cut positions.

"The numbers highlight the resilience of the post-pandemic job market. Despite some signs of easing labor demand, firms are still hiring at a healthy pace, unemployment remains low, and employees continue to enjoy above-inflation wage gains.

"Thursday’s report showed further cooling in wage growth. Workers who stayed in their job saw a 5.4 percent median pay bump in December from a year ago, according to the report. For those who changed jobs, wages rose 8 percent. Both figures marked the slowest pace of increase since 2021."