U.S. Employment Rises A Little More Than Expected In May
Employment in the U. S. increased by a little more than economists had anticipated in the month of May, according to a report released by the Labor Department on Friday. news.instaforex.com »
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Employment in the U. S. increased by a little more than economists had anticipated in the month of May, according to a report released by the Labor Department on Friday. news.instaforex.com »
With the data for the previous week downwardly revised, the Labor Department released a report on Thursday showing that first-time claims for U.S. unemployment benefits saw a modest increase in the week ended January 5th.
The report showed that initial jobless claims rose to 371,000, an increase of 4,000 from the previous week's revised figure of 367,000.
Economists had expected jobless claims to drop to 362,000 from the 372,000 originally reported for the previous week.