• Initial jobless claims climb by 10,000 to 281,000 in the week ending June 27

Market news

2 July 2015

Initial jobless claims climb by 10,000 to 281,000 in the week ending June 27

The U.S. Labor Department released its jobless claims figures on Thursday. The number of initial jobless claims in the week ending June 27 in the U.S. increased by 10,000 to 281,000 from 271,000 in the previous week.

Analysts had expected the number of initial jobless claims to be 270,000.

Jobless claims remained below 300,000 the 17th straight week. This threshold is associated with the strengthening of the labour market.

Continuing jobless claims rose by 15,000 to 2,264,000 in the week ended June 20.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.