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US weekly jobless claims 242,000, up 13,000 wk/wk
Expectations were for 225,000 new claims (Il Sole 24 Ore Radiocor) - Washington, 13 Jun - The number of Americans filing for unemployment benefits for the first time in the week ended June 8 rose by 13,000 from the previous week's unrevised figure to a seasonally adjusted figure of 242,000, the US Labor Department said.
Expectations were for 225,000 new weekly claims. The four-week moving average, a more reliable indicator, showed claims were up 4,750 from the previous week's unrevised average to 227,000.
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(RADIOCOR) 13-06-24 14:40:01 (0407) 5 NNNN