U.S. Jobless Claims Fall By 10,000 To 245,000 Last Week

The number of people who filed for unemployment assistance in the U.S. last week fell less than expected, but remained in territory consistent with a strengthening labor market, official data showed on Thursday.

The number of individuals filing for initial jobless benefits in the week ending June 3 decreased by 10,000 to a seasonally adjusted 245,000 from the previous week's total of 255,000, the U.S. Department of Labor said.

Analysts expected jobless claims to fall by 15,000 to 240,000 last week.

The four-week moving average was 242,000, up 2,250 from the previous week. The monthly average is seen as a more accurate gauge of labor trends because it reduces volatility in the week-to-week data.

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