Claims for US jobless benefits fall by 10000 to 245000
Claims for US jobless benefits fall by 10000 to 245000
Job seekers fill out applications at a job fair at the Denver Workforce Center in Denver Colorado
08 Junio, 2017, 17:34
Initial jobless claims, a proxy for layoffs across the US, fell 10,000 to a seasonally adjusted 245,000 in the week ended June 3, the Labor Department said Thursday.
New applications for unemployment benefits had shot up in late May to a five-week high, but the increase was largely due to the timing of the Memorial Day holiday and not a reflection of any underlying shift in the health of a vibrant US labor market.
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Meanwhile, the Labor Department said the less volatile four-week moving average rose to 242,000, an increase of 2,250 from the previous week's revised average of 239,750.
Applications for unemployment benefits are a proxy for layoffs. New applications for benefits have registered less than 300,000 for 118 straight weeks, the longest run since the early 1970s.
So-called continuing claims, which count people already collecting government checks, dipped by 2,000 to 1.92 million.
The economy has generated 162,000 jobs a month so far this year - up from an average 157,000 a month from January through May last year, but down from an average 187,000 a month for all of 2016. The U.S. unemployment rate fell last month to a 16-year low 4.3 percent. Get twice-daily updates on what the St. Louis business community is talking about.
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