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December 24, 2025

The Labor Department released a report on Wednesday showing first-time claims for U.S. unemployment benefits fell in the week ending December 20. The report stated that initial jobless claims decreased to 214,000, a 10,000 drop from the previous week's unrevised level of 224,000.
The Labor Department said the less volatile four-week moving average also slipped to 216,750, a decrease of 750 from the previous week's average of 217,500. Meanwhile, the report said continuing claims, a reading on the number of people receiving ongoing unemployment assistance rose by 38,000 to 1.923 million in the week ending December 13. The four-week moving average of continuing claims fell to 1,893,750, a decrease of 5,250 from the previous week's average of 1,899,000.
Last Tuesday, the Labor Department released a separate report showing employment in the U.S. increased in November, although the job growth followed a notable decrease in employment in October. The report stated that non-farm payroll employment increased by 64,000 jobs in November following a decline of 105,000 jobs in October. At the same time, the report said the unemployment rate rose to 4.6% in November from 4.4% in September.
With a bigger increase, the unemployment rate reached its highest level since hitting 4.7% in September 2021. 12/24/2025 - 09:23:00 (RTTNews)
Taiwan's industrial production growth moderated somewhat in November, while retail sales increased for the second straight month. Industrial production advanced 16.42% yearly in November, faster than the 14.15% growth in October.
Among the main sectors, the annual growth of manufacturing output accelerated to 17.35% from 15.04%, while mining and quarrying production plunged 8.89%. The electricity and gas supply segment logged a recovery of 2.37%. On a month-on-month basis, industrial production rebounded to a seasonally adjusted 4.84% in November after a 1.1% decrease in October.
Retail sales rose 1.41% yearly in November, following a 1.9% growth in the prior month. Sales at general merchandise stores grew 6.7%, and those of food, beverages, and tobacco in specialized stores climbed by 3.20%. On the other hand, sales of household appliances and goods in specialized stores continued to contract by 3.6%. 12/24/2025 - 03:52:00 (RTTNews)
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