Home / Breaking News / US: Weekly Initial Jobless Claims rise to 248K

US: Weekly Initial Jobless Claims rise to 248K

There were 248,000 initial claims for unemployment benefits in the US during the week ending February 12, the data published by the US Department of Labor (DOL) revealed on Thursday. This was above the median economist forecast for 219,000 initial claims and was also above last week’s 225,000 reading, which had been revised higher from 223,000.

Check Also

XAU/USD Under Pressure as Dollar Strengthens

Gold prices are currently facing headwinds, trading below $2,600 per ounce. This decline coincides with …