As US states continue to reopen, unemployment claims down to 1.54 million

The new report also showed that the four-week moving average, a method to iron out data volatility, decreased by 286,250 to reach 2 million

The number of unemployment claims in the US totalled 1.54 million last week as reopening efforts continue across the nation amid the Covid-19 pandemic, the Labor Department reported.

In the week ending June 6, the number of Americans filing for unemployment benefits decreased by 355,000 from the prior week to 1,542,000, the 10th weekly decline in a row but remaining high on a historical basis, Xinhua news agency quoted the Department as saying on Thursday.

With the latest numbers, over 44 million initial jobless claims have been filed over the past 12 weeks as Covid-19-induced recession sent ripples through the