Jobless Claims Climb to 7-Week High of 227,000
Thursday, 27 June 2019 19:55 WIB | ECONOMY |Klaim pengangguran ASEkonomi AS

The number of people who applied for unemployment benefits in late June jumped to the highest level in almost two months, though so-called jobless claims continued to remain extremely low and reflect little sign that the labor market is deteriorating.

Initial jobless claims, a rough way to measure layoffs, climbed by 10,000 to 227,000 in the seven days ended June 22, the government said Thursday. Economists polled by MarketWatch estimated new claims would total a seasonally adjusted 216,000.

The more stable monthly average of new claims increased by 2,250 to a still-low 221,250. The four-week average gives a more accurate read into labor-market conditions than the more volatile weekly number.

Source : Market Watch

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