First-Time Jobless Claims Fall To 313,000

July 6, 2006
A product in part of fewer layoffs in manufacturing, initial claims for unemployment insurance fell last week to 313,000, some 2,000 fewer than the previous week's revised figure of 315,000, the U.S. Labor Department reported on July 6. Although the ...

A product in part of fewer layoffs in manufacturing, initial claims for unemployment insurance fell last week to 313,000, some 2,000 fewer than the previous week's revised figure of 315,000, the U.S. Labor Department reported on July 6.

Although the department's four-week moving average of initial claims rose by 2,500 last week to 308,500, that number is relatively low and suggests there was significant U.S. job creation in June. The Labor Department is slated to release June employment figures on Friday, July 7.

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!