US Weekly Jobless Claims Plunge to Three‑Year Low in “No‑Hire, No‑Fire” Economy

In the week ending November 29, 2025, initial jobless claims in the U.S. fell by 27,000 to a seasonally adjusted 191,000 — the lowest level since September 2022. Despite the drop coinciding with the Thanksgiving holiday — which historically causes some volatility — the reading reinforces the picture of a labor market with historically low layoffs. Meanwhile, continuing claims (those already receiving unemployment benefits) edged down slightly to roughly 1.94 million, though that figure remains near post‑pandemic highs, hinting at persistent difficulty among job‑seekers finding new positions. The broader employment landscape appears frozen: companies aren’t laying off many people, but they’re also not hiring — a trend dubbed “no‑hire, no‑fire.” Policymakers at the Federal Reserve will likely weigh this labor‑market stagnation as they decide whether to cut interest rates again at next week’s meeting. #JoblessClaims #USEconomy #LaborMarket #FedWatch #SlimScan #GrowthStocks #CANSLIM