Financial News: U.S. Weekly Jobless Claims Pull Back Off Four-Month

U.S. Weekly Jobless Claims Pull Back Off Four-Month High

06/18/2026 - 09:39:00 (RTTNews)

(RTTNews) - A report released by the Labor Department on Thursday showed a modest pullback in first-time claims for U.S. unemployment benefits in the week ended June 13th.

The Labor Department said initial jobless claims dipped to 226,000, a decrease of 4,000 from the previous week's revised level of 230,000.

Economists had expected jobless claims to edge down to 225,000 from the 229,000 originally reported for the previous week.

The modest decrease in jobless claims came a week after they reached their highest level since hitting a matching figure in the week ended February 7th.

Meanwhile, the report said the less volatile four-week moving average crept up to 223,250, an increase of 4,000 from the previous week's revised average of 219,250.

"On a trend basis, initial jobless claims have bounced well off their recent lows," said Nancy Vanden Houten, Lead U.S. Economist at Oxford Economics. "We don't think the increase is signaling a deterioration in labor market conditions but is another indication that, while the labor market has improved, it's not overheating."

The Labor Department said continuing claims, a reading on the number of people receiving ongoing unemployment assistance, also climbed by 24,000 to 1.810 million in the week ended June 6th.

The four-week moving average of continuing claims also rose to 1,788,000, an increase of 9,750 from the previous week's revised average of 1,778,250.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

New Zealand Trade Surplus NZ$23 Million In June (01 hr(s), 27 min(s), 57 sec(s) ago)
(RTTNews) - New Zealand posted a merchandise trade surplus of NZ$23 million in June, Statistics Ne ...Full Story»

Malaysia Trade Data Due On Monday (02 hr(s), 34 min(s), 57 sec(s) ago)
(RTTNews) - Malaysia will on Monday release June figures for imports, exports and trade balance, h ...Full Story»

U.S. Consumer Sentiment Improves Much More Than Expected In July (10 hr(s), 13 min(s), 57 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. has improved by much more than expected in the month of ...Full Story»

U.S. Industrial Production Inches Up 0.1% In June, Slightly Less Than Expected (10 hr(s), 24 min(s), 57 sec(s) ago)
(RTTNews) - Industrial production in the U.S. edged slightly higher in the month of June, accordin ...Full Story»

U.S. Housing Starts Soar In June As Multi-Family Permits Skyrocket (10 hr(s), 33 min(s), 57 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed a substantial rebound in ...Full Story»

Hong Kong Jobless Rate Remains Stable At 3.7% (10 hr(s), 53 min(s), 57 sec(s) ago)
(RTTNews) - Hong Kong's unemployment rate held steady in the three months ending in June, labo ...Full Story»

U.S. Import Prices Unexpectedly See Further Upside In June (11 hr(s), 11 min(s), 57 sec(s) ago)
(RTTNews) - Import prices in the U.S. unexpectedly saw further upside in the month of June, accord ...Full Story»

U.S. Industrial Production Inches Up Slightly Less Than Expected In June (11 hr(s), 18 min(s), 57 sec(s) ago)
(RTTNews) - Industrial production in the U.S. edged slightly higher in the month of June, accordin ...Full Story»