Join our Investor Webinar on the 3rd December 18:00-19:30, with speakers from Sunda Energy and Blencowe Resources. Please register here.

Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Sponsored Content

US jobless claims rise to 230,000

Thu, 12th Sep 2024 13:06

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 7 September, according to the Department of Labor, in line with market expectations.

US initial jobless claims rose by 2,000 week-on-week to 230,000, well above average seen earlier in the year and reinforcing the ongoing trend of a softening labour market.

Outstanding claims rose by 5,000 to 1.85m, while the four-week moving average, which aims to strip out week-to-week volatility grew by 500 to 230,750.

Reporting by Iain Gilbert at Sharecast.com

Make Better Investment Decisions

Register for FREE

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.