U.S. Jobless Claims Dropped 2K to 229K in the Week of June 18

U.S. Jobless

Initial jobless claims are a proxy for layoffs. They fell to 229,000 last week from the previous week’s revised level of 231,000. Claims have climbed upward since hitting a 53-year low this spring. U.S. Jobless Claims Dropped 2K to 229K in the Week of June 18. In spite of indications of an economic downturn; the … Read more

U.S. initial jobless claims drop for first time in a month

us joblessness

WASHINGTON – Initial jobless claims in the United States fell for the first time in a month to reach 326,000 last week, as the labour market recovery is disrupted by the COVID-19 Delta variant surge, the U.S. Labour Department reported on Thursday. In the week ending Oct. 2, the number of Americans filing for unemployment … Read more