
The number of Americans initially applying for unemployment aid edged up slightly last week and remained near a pre-recession low, the Labor Department said Thursday.
In the week ending June 28, the advance figure of seasonally adjusted initial claims for jobless benefits rose by 2,000 to 315,000, largely in line with economists' expectation of 314,000, the data released by the department showed.
Meanwhile, the four-week moving average for new claims, a better measure of the underlying trend of labor market conditions, increased by 500 to 315,000, just above a seven-year low of 310,500 reached a month ago.
The advance figure of seasonally adjusted insured unemployment during the week ending June 21 stood at 2.58 million, an increase of 11,000 from the previous week's revised level.
The Labor Department also said the U.S. economy added 288,000 jobs in June and the unemployment rate declined to 6.1 percent, the lowest level in almost six years, indicating that the job market was steadily improving.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor