The decline in initial jobless claims in the United States is the largest since November, indicating a stabilizing labor market According to BlockBeats, on February 19th, the number of initial jobless claims in the United States hit its largest decline since November last year, further indicating that the labor market is stabilizing. According to data released by the Ministry of Labor on Thursday, as of the week ending February 14th, the number of initial jobless claims decreased by 23000 to 206000, which is lower than almost all forecasts in institutional surveys. This indicates that overall layoffs are still low, and those who were temporarily unable to work due to the severe winter storm at the end of January have returned to work. However, the number of people applying for unemployment benefits rose to 1.87 million last week, the highest level since early January. (Golden Ten)