First-time claims for U.S. unemployment benefits slipped from an upwardly revised level in the week ended January 24th, the Labor Department revealed in a report released on Thursday.
The report said initial jobless claims edged down to 209,000, a decrease of 1,000 from the previous week's revised level of 210,000.
Economists had expected jobless claims to rise to 205,000 from the 200,000 originally reported for the previous month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.