Weekly Jobless Claims Up, But Job Market Still Strengthening

Reuters
weekly jobless claims
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By Lucia Mutikani

WASHINGTON -- The number of Americans filing new claims for unemployment benefits rose last week, but the underlying trend continued to point to a firming labor market.

Initial claims for state unemployment benefits increased 8,000 to a seasonally adjusted 312,000 for the week ended May 31, the Labor Department said Thursday.