Initial applications for unemployment benefits in the US edged lower in the week ended June 27, pointing to continued resilience in the US labor market.
Data released by the US Department of Labor on Thursday showed initial jobless claims fell by 1,000 to 215,000, compared with the previous week’s upwardly revised reading of 216,000, defying expectations for an increase to 219,000.
US Weekly Jobless Claims
Item
Year Ago
Previous
Current
Change
Initial jobless claims (‘000s)
231.0
216.0
215.0
(1.0)
Four-week average (‘000s)
239.0
224.5
222.0
(2.5)
Continuing unemployment benefit recipients (mln)
1.954
1.812
1.814
+0.002
Initial applications for unemployment benefits in the US edged lower in the week ended June 27, pointing to continued resilience in the US labor market.
Data released by the US Department of Labor on Thursday showed initial jobless claims fell by 1,000 to 215,000, compared with the previous week’s upwardly revised reading of 216,000, defying expectations for an increase to 219,000.
US Weekly Jobless Claims
Item
Year Ago
Previous
Current
Change
Initial jobless claims (‘000s)
231.0
216.0
215.0
(1.0)
Four-week average (‘000s)
239.0
224.5
222.0
(2.5)
Continuing unemployment benefit recipients (mln)
1.954
1.812
1.814
+0.002
