Stock Market News
US weekly unemployment claims remain at multi-decade lows
Initial US jobless claims drifted slightly lower last week, with secondary claims moving to fresh multi-decade lows.
Over the week ending on 9 June, initial US jobless claims slipped by 4,000 to reach 218,000, according to the Department of Labor.
Economists had forecast a reading of 220,000.
Meanwhile, the four-week moving average, which aims to smooth out the volatility in the data from one week to the next, dipped by 1.250 to hit 225,500.
Secondary unemployment claims, those which are not filed for the first time and referencing the week ending on 2 June, fell by 49,000 to 1.697m, that was the least since the week ending on 1 December, 1973.
Over the week ending on 9 June, initial US jobless claims slipped by 4,000 to reach 218,000, according to the Department of Labor.
Economists had forecast a reading of 220,000.
Meanwhile, the four-week moving average, which aims to smooth out the volatility in the data from one week to the next, dipped by 1.250 to hit 225,500.
Secondary unemployment claims, those which are not filed for the first time and referencing the week ending on 2 June, fell by 49,000 to 1.697m, that was the least since the week ending on 1 December, 1973.
Related share prices |
---|
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price