Unemployment benefits claims in the U.S. continue to decline, falling by 10,000 claims over a period of a week.
The Department of Labor (DOL) released the latest Unemployment Insurance Weekly Claims report Thursday. According to the report:
In the week ending June 3, the advance figure for seasonally adjusted initial claims was 245,000, a decrease of 10,000 from the previous week’s revised level.
Those who continued to claim unemployment benefits also declined by 2,000, dropping to 1.92 million, the eighth straight week the number has been below 2 million.
Michigan saw the greatest decrease in claims at 1,496 less. Michigan is followed by Vermont with 511 less and Massachusetts with 250 less.
California topped the list of states who had the largest increases in initial claims for the week ending May 27, with 4,813 more than than the previous week. Tennessee had an increase of 3,528 claims and Kansas had an increase of 2,408 claims.
The top five states with the highest insured unemployment rates for the week ending on May 20 were:
- Alaska, 2.8 percent,
- Puerto Rico, 2.6 percent
- New Jersey, 2.2 percent
- California, 2.1 percent
- Connecticut 2.0 percent
A separate report from the Bureau of Labor Statistics, which came out Tuesday, showed the number of job openings in America is at its highest level since the federal government started tracking the figure in 2001. Around 6.04 million job were available in April, an increase of 400,000 job openings from the same month last year.
The increases include jobs in both the private and government sectors, with the largest increases occurring in accommodation and food services.
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