Jobless Claims Data Shows Much Better Jobs Market
By wchung | 18 Jun, 2026
The tally of laid-off workers continuing to claim jobless benefits fell by the largest amount in almost a year, suggesting that more unemployed workers may be finding work.
At the same time, new claims for unemployment insurance dipped slightly for the third straight week.
The Labor Department says the total unemployment benefit rolls fell by 255,000 to a seasonally adjusted 4.5 million. It was the lowest total since December 2008. Analysts polled by Thomson Financial expected a much smaller drop.
The number of first-time claims fell by 3,000 to a seasonally adjusted 456,000. New claims have been stuck at 450,000 since the beginning of the year.
WASHINGTON (AP)
© 2026 by Asian Media Group Inc.
Recent Articles
- Global Demand Surges for Anti-Drone Technology
- BYD Looks to Formula One for Fast Global Brand Expansion
- Europe's EV Sales Keep Growing As Fuel Costs Rise, Car Prices Fall
- SK Hynix Ships Samples of Next-Generation AI HBM Chips
- Apple to Raise Prices Due to Memory Chip Shortage
- Trump Scraps Four More Offshore Wind Leases with $765 Million Refund
- Oil Roundtrips, AI Booms, US Consumers Spend, Economists' Fed Outlooks Go Wild
- Trump Endorsee Loses in Georgia Governor's Primary Race
- BMW Shares Sink After Profit Warning Highlights China and Iran Risk
- AI Will Lead to Labour Shortages, Bezos Says at Paris Conference
