Home / Market Update / US: Weekly Initial Jobless Claims rises to 218K

US: Weekly Initial Jobless Claims rises to 218K

There were 218,000 Initial Jobless Claims in the week ending on 14 May, a tad above the expected rise to 200,000 from 197,000 one week ago, data released by the US Department of Labour on Thursday showed. That meant the four-week average number of claims rose to 199,500 from 191,250 a week earlier. 

Check Also

WTI Crude Oil Stalls Near $65 as OPEC+ and Tariff Uncertainties Loom

West Texas Intermediate (WTI) Crude Oil prices hovered near $65.70, down 0.82%, reflecting cautious trading …