The number of people filing new claims for unemployment benefits is expected to have remained near pandemic lows last week as employers continued to hold on to their workers in a tight labor market.

Initial jobless claims, a proxy for layoffs, are expected to total a seasonally adjusted 240,000 for the week that ended on Nov. 26, according to economists surveyed by The Wall Street Journal, following the prior week’s report showing the lowest number of new claims in 52 years.

This post first appeared on wsj.com

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