AI Summary
The number of Americans filing new applications for jobless benefits decreased by more than projected in the week ended June 21, reflecting a stronger labor market.
A report released by the Labor Department today, June 26, indicated that initial unemployment claims tumbled to 236,000 — a decline of 10,000 from the previous week's revised level of 246,000.
The report also indicated that the less volatile four-week moving average slumped to 245,000, versus the previous week's revised average of 245,750.
|
US Weekly Jobless Claims |
||||
|
Item |
Last Year |
Previous Week |
Latest Week |
Change |
|
Initial Claims (‘000) |
233 |
246 |
236 |
(10) |
|
Four-Week Average (‘000) |
235 |
245.75 |
235 |
(0.75) |
|
Total Beneficiaries (mln) |
1.974 |
1.937 |
1.844 |
0.037+ |
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