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
- SiteOne Landscape Supply acquires Bourget Flagstone Co.
- ICE: its impact on the green industry
- PBI-Gordon adds Kevin Laycock to vice president role
- What you'll see at Lawn & Landscape's Technology Conference
- TruArc Partners acquires Schill Grounds Management
- Perennial Services Group recapitalizes with Brentwood, Tenex
- Our first issue of 2026 is live
- Senske's Emerald Lawns adds Greenup Lawn and Shrub Care
