Jobless Claims Fall Last Week

Washington, DC, June 6, 2013 -- Initial claims for new unemployment benefits fell by 11,000 to 346,000 in the week ended June 1, according to the Labor Department.

Economists had expected a claims figure of 345,000.

The average of new claims over the past monthrose by 4,500 to 352,500 to mark the highest level in six weeks.