The numbers: Initial jobless-benefit claims rose by 22,000 to 231,000 in the week ending May 4, the U.S. Labor Department said Thursday. That’s the highest level since last August.
See also U.S. full-time jobs down 1 million year-over-year, marking 9 consecutive months of decline.
Economists polled by the Wall Street Journal had estimated that new claims would rise to 214,000.
Last week, claims rose a revised 1,000 to 209,000, compared with…
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