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.
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…
Views: 57