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Jobless Claims Hold Steady Save Email Print
Posted: 7:28 AM Jun 26, 2008
Last Updated: 7:28 AM Jun 26, 2008
Reporter: Associated Press

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New filings for unemployment benefits held steady last week but were still at a high level, pointing to a cooler jobs market.

The Labor Department, in a new report Thursday, says new applications for unemployment insurance stayed at 384,000 for the week ending June 21, marking no change from the previous week. The figure was higher than the 375,000 claims level economists were forecasting.

The four-week moving average of claims, which smooths out week-to-week fluctuations, rose by 2,250 last week to 378,250.

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