Jobless claims drop 13,000 to 221,000 in late May
May 31, 2018 at 08:37 AM EDT
U.S. jobless claims fell at the end of May, suggesting that a recent increase in the rate of layoffs stemmed mostly from seasonal quirks whose effects are already fading. Initial jobless claims declined by 13,000 to 221,000 in the week ended May 26.
