The U.S. Labor Department released its jobless claims figures on Thursday. The number of initial jobless claims in the week ending June 13 in the U.S. declined by 12,000 to 267,000 from 279,000 in the previous week.
Analysts had expected the number of initial jobless claims to be 275,000.
Jobless claims remained below 300,000 the 15th straight week. This threshold is associated with the strengthening of the labour market.
Continuing jobless claims fell by 50,000 to 2,222,000 in the week ended June 06.