Jobless claims unexpectedly rise…
Weekly jobless claims totaled 419,000 for the week ended July 17, above the 350,000 estimate. The total represented a gain from the previous week’s 368,000. Continuing claims declined by 29,000 to 3.24 million for another pandemic-era low. Weekly jobless claims unexpected moved higher last week despite hopes that the U.S. labor market is poised for … Read more