US jobless claims fall for 4th consecutive week
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US weekly jobless claims fall, but still elevatedInitial claims for state unemployment benefits dropped 5,000 to a seasonally adjusted 245,000 for the week ended June 14, ... US weekly jobless claims fall, but still elevated.
Weekly jobless claims fall 5,000 to 245,000; Layoffs reported in a range of industries in prior week; Continuing claims decrease 6,000 to 1.945 million; Single-family building permits drop 2.7% in May
Initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 228,000 for the week ended May 3. Economists polled by Reuters had forecast 230,000 claims for the latest week.
Jobless claim applications fell by 9,000 to 215,000 for the week ending April 12, the Labor Department said Thursday. That’s well below the 225,000 new applications analysts forecast.
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