U.S. Weekly Jobless Claims Unexpectedly Decrease

RTTNews | 687 dni temu
U.S. Weekly Jobless Claims Unexpectedly Decrease

(RTTNews) - The Labor Department released a report on Thursday showing an unexpected pullback by first-time claims for U.S. unemployment benefits in the week ended June 24th.

The report said initial jobless claims fell to 239,000, a decrease of 26,000 from the previous week's revised level of 265,000.

Economists had expected jobless claims to rise to 270,000 from the 264,000 originally reported for the previous week.

The upwardly revised figure for the previous week reflected the most jobless claims since the week ended October 23, 2021.

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U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

Consumer sentiment in the U.S. has unexpectedly continued to deteriorate in the month of May, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index dipped to 50.8 in May after slumping to 52.2 in April. Economists had expected the index to inch up to 53.4.
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U.S. Business Inventories Inch Up Slightly Less Than Expected In March

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U.S. Industrial Production Unexpectedly Flat In April

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