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US weekly jobless claims 222,000, down 17,000 wk/wk
Expectations were for 236,000 new claims (Il Sole 24 Ore Radiocor) - Washington, 11 Jul - The number of Americans filing for unemployment benefits for the first time in the week ended July 6 fell by 17,000 from the previous week's revised figure to a seasonally adjusted figure of 222,000, the US Labor Department said.
Expectations were for 236,000 new weekly claims. The four-week moving average, a more reliable indicator, showed claims were down 5,250 from the previous week's revised average to 233,500.
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(RADIOCOR) 11-07-24 14:40:00 (0415) 5 NNNN