US Jobless Claims Slide to 6-Week Low: Labor Department Data

‘The labor market continues to perform to the upside,’ said Arthur Laffer Jr., a market analyst.

Now hiring sign at a coffee shop in Greensboro, N.C., on Sept. 19, 2024. Madalina Vasiliu/The Epoch Times

The number of individuals filing for first-time unemployment benefits declined for the second straight week and came in lower than the market estimate.

Initial jobless claims declined by 10,000 to a six-week low of 236,000 for the week ending June 21, according to new Department of Labor data.