Thursday, June 14, 2012

U.S. weekly jobless claims: 386,000; Applications for unemployment rise 5th time in 6 weeks

From MarketWatch.com:

The number of people who applied for jobless benefits last week rose again ... in another sign that the U.S. labor market has cooled off.

Jobless claims climbed by 6,000 to a seasonally adjusted 386,000 in the week ended June 9, the Labor Department said. Claims from two weeks ago were revised up to 380,000 from an original reading of 377,000, based on more complete data collected at the state level....

The weaker pace of job creation has been reflected in the monthly employment report, a more accurate calculation of whether companies are hiring. The U.S. unemployment rate rose in May to 8.2%, its first increase in nearly a year....

---------
Link: http://www.marketwatch.com/story/us-weekly-jobless-claims-climb-to-386000-2012-06-14

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.