According to Jin Shi's report, the number of initial unemployment claims in the United States fell more than expected last week, consistent with the gradually cooling employment market conditions. The U.S. Department of Labor announced on Thursday that for the week ending December 14, the number of first-time unemployment claims decreased by 22,000, adjusted for seasonal variations, to 220,000 (Reuters' survey predicted 230,000). The number of initial unemployment claims has entered a period of volatility, which may make it difficult for people to have a clear understanding of the labor market. A range of indicators, including the number of unemployment claims and job vacancies, suggest that the employment situation is much looser than before the COVID-19 pandemic, but the labor market is slowing in an orderly manner.