Financial Times FT.com

US jobless claims ease for third week running

By Alan Rappeport in New York

Published: June 4 2009 14:31 | Last updated: June 4 2009 14:31

The number of US workers claiming unemployment benefits for the first time eased last week, official figures showed on Thursday, lifting hopes that the pace of job losses may be slowing.

New jobless claims fell by 4,000 to 621,000 in the week ending May 30, the labour department said on Thursday. The decline was in line with economists’ expectations and marked the third consecutive week with fewer new claims.

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