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News > Economy
U.S. jobless claims fall
June 14, 2001: 8:51 a.m. ET

First-time claims dip to 428,000 in latest week; 4-week average gains
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NEW YORK (CNNfn) - The number of new U.S. claims for state unemployment benefits fell to 428,000 last week from a revised 440,000 the prior week, the Labor Department reported Thursday.

Analysts surveyed by Briefing.com had forecast new claims of 425,000 for the week ended June 9.

Click here for the latest on layoffs

The four-week moving average of new claims, considered a better gauge of jobless trends, rose to 424,500 from the previous week's 415,500 and the highest level since Aug. 8, 1992, when it reached 445,500.

Economists watch the four-week moving average more closely since it smoothes fluctuations in the weekly data.

Continued claims -- those by workers who already have claimed at least a week of benefits rose to about 2.93 million in the week ended June 2, the latest data available, from a revised 2.98 million the previous week graphic

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.