US jobless claims slightly higher, hit highest level since February
Initial jobless claims in the US unexpectedly rose in the week ended June 6, reaching their highest level since February, though labor market conditions remained relatively resilient despite economic uncertainty stemming from the conflict in the Middle East.
New applications for unemployment benefits increased to 229,000, versus expectations for a decline to 219,000, compared with the previous week's unrevised reading of 225,000, according to a report released by the US Department of Labor on Thursday.
Weekly jobless claims are widely viewed as a proxy for layoffs and one of the timeliest indicators of labor market conditions in the world's largest economy.
|
US Weekly Jobless Claims |
||||
|
Item |
Year Ago |
Previous |
Current |
Change |
|
Initial Claims (‘000s) |
246.0 |
225.0 |
229.0 |
4 |
|
Four-Week Average (‘000s) |
237.75 |
214.75 |
219.0 |
4.25 |
|
Continuing Claims (mln) |
1.947 |
1.771 |
1.795 |
0.024 |
About Us
Join Us
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}