Market Updates
Weekly Jobless Claims Lowest Since May
Brian Turner
15 Sep, 2022
New York City
Initial weekly jobless claims declined 5,000 to 213,000 in the week ending on September 10, the U.S. Department of Labor said Thursday.
The initial claims were the lowest since the last week in May highlighting the tight labor market conditions.
Initial claims plunged 40% from 363,000 a year ago in the similar period.
Seasonally unadjusted claims declined 16,934 from the previous week to 155,961.
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