US New Unemployment Claims at 380,000... Decline for 6 Consecutive Weeks

Published 10 Jun.2021 21:43(KST)

Lowest Point Since the COVID-19 Pandemic

[Image source=AP Yonhap News]

[Asia Economy Reporter Ki Ha-young] The U.S. Department of Labor announced on the 10th (local time) that the number of new unemployment benefit claims last week (May 30 to June 5) was recorded at 376,000.

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This is 9,000 fewer than the previous week, marking the sixth consecutive week of decline. It is the lowest level since the COVID-19 pandemic. However, this number of claims was slightly higher than the expert forecast of 370,000 compiled by Bloomberg News.

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