Home / Market Update / U.S. Initial Jobless Claims Fall, But Remain Slightly Above Expectations

U.S. Initial Jobless Claims Fall, But Remain Slightly Above Expectations

In the week ending May 11, the number of Americans filing for first-time unemployment benefits decreased to 222,000. While this was a decline from the upwardly revised figure of 232,000 in the previous week, it was slightly above economists’ expectations, who had forecasted a reading of 219,000.

Check Also

Euro Holds Firm as France Restores Political Calm, While UK Faces Fiscal Strain

The euro remained stable on Friday, supported by renewed political calm in France after recent …