graphic
News > Economy
Jobless claims down
June 15, 2000: 8:47 a.m. ET

First-time unemployment benefit claims drop below critical 300,000 mark
graphic
graphic graphic
graphic
NEW YORK (CNNfn) - The number of Americans filing new claims for unemployment benefits fell to 296,000 for the week ended June 10 from a revised 312,000 in the prior week, the U.S. Department of Labor said Thursday.

U.S. economists surveyed by Briefing.com had forecast U.S. jobless claims of 289,000 for the period.

graphicThe four-week moving average of claims, which generally provides a more accurate picture of jobless trends, rose to 295,750 for the June 10 week from a revised 291,250 for the prior reporting period.

The four-week moving average is at its highest since 300,250 in the Oct. 16, 1999 week.

Continued claims were reported at 2,024,000 for the June 3 week, the latest data available, from a revised 1,996,000 reported for the prior week.

Wisconsin, North Carolina, Texas, Illinois and Kentucky reported an increase in claims of more than 1,000 in the week ended June 3, the latest period for which the data are available.

Wisconsin pointed to layoffs in construction, and North Carolina experienced

layoffs in the textile industry, with Texas reporting more layoffs in the service industry. Illinois blamed layoffs in manufacturing and trade, while Kentucky reported layoffs in food and mining industries. Back to top

  RELATED STORIES

Jobless claims edge up - June 1, 2000

Jobless claims rise - May 25, 2000

Jobless claims drop - May 18, 2000




graphic

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Live Quotes automatically refresh, but individual equities are delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.
Home | Contact Us | Advertise with Us | Corrections | Career Opportunities | Site Map
RSS | Email Delivery | Portfolio | Podcasts | Mobile | Widgets | User Preferences | Special Sections
| Magazine Customer Service | Download Fortune Lists | Reprints | Conferences | Business Leader Council