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Financial News: U.S. Weekly Jobless Claims Show Modest Pullback

U.S. Weekly Jobless Claims Show Modest Pullback

06/08/2017 - 08:35:00 (RTTNews)

(RTTNews) - After reporting increases in first-time claims for U.S. unemployment benefits in the two previous weeks, the Labor Department released a report on Thursday showing a pullback in initial jobless claims in the week ended June 3rd.

The report said initial jobless claims fell to 245,000, a decrease of 10,000 from the previous week's revised level of 255,000. Economists had expected jobless claims to drop to 240,000 from the 248,000 originally reported for the previous week.

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