Jobless Claims in the US , Reach Lowest Level , Since September.br Last week, applications for unemployment br benefits in the United States fell to reach br the lowest level since September. .br 'Bloomberg' reports that the drop shows br another glimpse of resiliency in the U.S. br labor market despite a weakening economy. .br The week ending December 10, initial br unemployment claims fell by 20,000 to reach br 211,000, according to Labor Department data.br That number fell below economists' br estimates in a 'Bloomberg' survey. .br Economists' median forecast for br the week was a climb to 232,000. .br Meanwhile, continuing claims were in line with br expectations, with 1.67 million people continuing br to receive benefits for a week or more. .br According to economists, this br measure can better indicate how br hard it is for people to find work.br 'Bloomberg' reports that data br can be choppy when compared br week-over-week, particularly br around the holidays.br According to the latest four-week moving average, br some of the volatility from around Thanksgiving has br been smoothed out, as it dropped from 3,000 to 227,000.br Despite the Federal Reserve's aggressive efforts to cool the economy and tame record-high inflation, the U.S. labor market has remained largely resilient. .br Despite the Federal Reserve's aggressive efforts to cool the economy and tame record-high inflation, the U.S. labor market has remained largely resilient. .br 'Bloomberg' reports that hiring br has continued to be robust across many sectors, br with many workers seeing rapid wage gains.