Weekly jobless claims rise by 27,000 ...Middle East

New jobless claims jumped higher during the first week of June, according to data released Thursday by the Labor Department. In the week ending June 4, initial applications for unemployment insurance totaled 229,000, a gain of 27,000 from the previous week’s revised total of 202,000 claims. The U.S. has seen an average of 215,000 claims per week over the past four months, rising from an average of 207,000 claims in May. Jobless claims have remained low for most of 2022 as employers struggle to fill a record number of open jobs from a workforce still smaller than it was before the onset of the coronavirus pandemic in March 2020. With roughly two open jobs for every unemployed worker,

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Last updated : 09 June 2022 clock 04:12 PM

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Weekly jobless claims rise by 27,000 ...Middle East

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