Labor Department

New jobless claims at 412,000, more than expected

The number of new applications for unemployment benefits rose 37,000 last week to 412,000, the Labor Department reported on Thursday.

U.S. Economy Adds 559,000 Jobs in May, Unemployment Rate Drops to 5.8%

The U.S. economy added 559,000 jobs in May and the unemployment rate dropped to 5.8 percent, the Labor Department said in its monthly labor assessment Friday.

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