Jobless Claims in U.S. Unexpectedly Fell to 264,000 Last Week

June 9, 2016 12:32 PM

9 0

First-time jobless claims unexpectedly fell last week and the number of Americans already receiving benefits tumbled to an almost 16-year low, consistent with a healthy labor market.

Applications to collect unemployment insurance dropped by 4,000 to 264,000 in the period ended June 4, Labor Department data showed on Thursday. The median forecast in a Bloomberg survey called for 270,000. Continuing claims decreased to 2.1 million in the previous week, the lowest since October 200...

Also watch: Week 7 SEC Scholar Athletes: Bama's Minkah Fitzpatrick, UT's Joshua Dobbs

Read more

To category page