WASHINGTON (Reuters) - The number of Americans lining up to claim state unemployment insurance rose slightly last week, the government said in a report also containing moderately good news about the jobs market.
The Labor Department said initial jobless claims rose 6,000 to a seasonally adjusted 390,000 for the week ended June 8, remaining below the key 400,000 level analysts consider to be indicative of a recession in the jobs market. The number almost matched analysts’ expectations of 391,000.
The four-week moving average of initial jobless claims, considered more reliable because it irons out weekly fluctuations, actually fell by 8,750 to 402,500, the lowest level in almost three months.
Latest from Lawn & Landscape
- Hittle Landscaping acquires Calvin Landscape in Indianapolis
- Agri-Fab 60-gallon sprayer
- Mullin names Scott Miller as COO
- Schill Grounds Management acquires Begonia Brothers Services, Atlas Outdoor
- Lawn & Landscape announces keynote for Technology Conference
- The Harvest Group opens registration for virtual series on compensation strategies
- Granum, Weathermatic enter multi-year strategic partnership
- Rockit Pest adds Green Solutions Lawn & Pest Control in Tampa
