The number of Americans initially applying for unemployment aid went down slightly last week and remained near a pre-recession low, the Labor Department said Thursday.
In the week ending June 14, the advance figure of seasonally adjusted initial claims for jobless benefits fell by 6,000 to 312, 000, largely in line with economists' expectation of 313,000, the data showed.
Meanwhile, the four-week moving average for new claims, a better measure of the underlying trend of labor market conditions, decreased by 3,750 to 311,750, just above a seven-year low of 310, 500 reached three weeks ago, the figures showed.
The advance figure of seasonally adjusted insured unemployment during the week ending June 7 stood at 2.56 million, the lowest since October 2007.
The Labor Department said earlier this month that the U.S. economy added 217,000 jobs in May and the unemployment rate stayed at 6.3 percent, the lowest level in five years, indicating that the job market was improving.
GMT 13:21 2018 Thursday ,06 December
China demands Canada release Huawei's chief financial officerGMT 16:16 2018 Sunday ,07 October
Yemeni rebels seize 10 cargo vessels, oil tankersGMT 13:31 2018 Tuesday ,25 September
Gaza collapse put Palestinian basic needs at riskGMT 18:43 2018 Thursday ,20 September
Russian PM does not rule out expansion of trade warsGMT 08:09 2018 Tuesday ,23 January
French court throws out tax fraud case against JP MorganGMT 08:52 2018 Wednesday ,17 January
EU parliament calls for ban on electric pulse fishingGMT 09:20 2018 Tuesday ,16 January
Strikes as Greece adopts industrial action revampGMT 04:50 2018 Saturday ,13 January
Greece strikes cause transport chaos, healthcare delaysMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor