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U.S. Initial Jobless Claims Drop To 2.123 Million

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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A report released by the Labor Department on Thursday showed a continued decrease in first-time claims for U.S. unemployment benefits in the week ended May 23rd.

The Labor Department said initial jobless claims dropped to 2.123 million, a decrease of 323,000 from the previous week's revised level of 2.446 million.

Economists had expected jobless claims to fall to 2.100 million from the 2.438 million originally reported for the previous week.

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