Home / Breaking News / US: Weekly Initial Jobless Claims Decline to 348K

US: Weekly Initial Jobless Claims Decline to 348K

There were 348,000 initial claims for unemployment benefits in the US during the week ending August 14, the data published by the US Department of Labor showed on Thursday. This reading followed the previous print of 377,000 and came in better than the market expectation of 363,000.

Check Also

PCE Inflation Stays Hot: Markets Tumble as Rate Cut Hopes Fade

A wave of market unease swept through Wall Street Friday, triggered by persistent inflationary pressures …