This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
This Website Uses Cookies By closing this message or continuing to use our site, you agree to our cookie policy. Learn MoreThis website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
The number of people filing for state unemployment insurance rose slightly last week, by 6,000, to a seasonally adjusted 390,000 for the week ended June 8, remaining below the key 400,000 level analysts consider to be indicative of a recession in the jobs market.
The number almost matched analysts' expectations of 391,000.
The less volatile four-week moving average of initial jobless claims fell by 8,750 to 402,500, the lowest level in almost three months. Another positive sign for the June job picture was the continuing claims number -- those collecting benefits for more than a week -- which dropped 18,000 in the week ending June 1 to 3.773 million.
Share This Story
You must login or register in order to post a comment.
Report Abusive Comment