Jobless Claims In U.S. Hovered Last Week Near 2012 High

Jobless Claims In U.S. Hovered Last Week Near 2012 HighThe number of applications for unemployment benefits hovered last week near the highest level of the year, showing little improvement in the U.S. labor market.

Jobless claims decreased by 6,000 to 386,000 in the week ended June 23, in line with the median forecast of economists surveyed by Bloomberg News, Labor Department figures showed today in Washington. The prior week’s reading was revised up to 392,000 from 387,000, matching an April figure as the steepest of 2012.

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