Jobless Claims Data Shows Much Better Jobs Market
By wchung | 10 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
- GoldSea Votes: An Asian Governor in Maine...and Oklahoma?
- 'I Love the Inflation,' Trump Says of Prices Rising Amid Iran War
- China's JUNO Neutrino Detector Advances Precision in Mass-Ordering Quest
- Only 11% of Europeans View US as Ally, Survey Shows
- BYD Will Be World's Biggest Automaker in 5 Years Says Its Chairman
- US Consumer Prices Increase at Fastest Pace in 3 Years
- Traders Keep Bets on Fed Rate Hike by October
- Drone Risks Keep World Cup Security Planners Frantic
- Bill Gates to Face Congress in Probe of Epstein Case Handling
- Musk’s xAI, SpaceX Hit with Class Action over Data Center ‘Nuisance’
