Weekly new jobless claims drop to 6-week low

The number of Americans filing new applications for jobless benefits fell to a six-week low last week, the Labor Department reported on Thursday.

The number of Americans filing new applications for jobless benefits fell to a six-week low last week, the Labor Department reported on Thursday. (Brian Snyder, Reuters)


1 photo
Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

WASHINGTON — The number of Americans filing new applications for jobless benefits fell to a six-week low last week, but the ranks of those continuing to collect benefits after their initial week held steady at the highest in nearly four years in the prior week.

Initial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 233,000 — the lowest since mid-May — for the week ended June 28, the Labor Department said on Thursday. Economists polled by Reuters had forecast 240,000 claims for the latest week.

The total ranks of those on jobless benefits rolls was unchanged in the week ended June 21 at 1.964 million, which is the highest level since the fall of 2021.

Photos

Most recent Business stories

Related topics

STAY IN THE KNOW

Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Notice.
Newsletter Signup

KSL Weather Forecast

KSL Weather Forecast
Play button