First-time claims for U.S. unemployment benefits unexpectedly dipped in the week ended January 10th, the Labor Department revealed in a report released on Thursday.
The Labor Department said initial jobless claims fell to 198,000, a decrease of 9,000 from the previous week's revised level of 207,000.
Economists had expected jobless claims to rise to 215,000 from the 208,000 originally reported for the previous week.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.