Economy

Jobless Claims Dip as US Employment Outlook Remains Stable

Federal workers submitted fewer unemployment claims last week.
Jobless Claims Dip as US Employment Outlook Remains Stable
A "Now Hiring" sign at a coffee shop in Greensboro, N.C., on Sept. 19, 2024. Madalina Vasiliu/The Epoch Times
Andrew Moran
|Updated:

The number of Americans filing for first-time unemployment benefits dipped last week, diminishing concerns about the U.S. employment outlook.

According to new data from the Department of Labor, released on June 18, initial jobless claims fell by 5,000 to 245,000 for the week ending June 14. This is down from an upwardly adjusted 250,000 in the previous week.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."