U.S Jobless Claims Rose Last Week

By Jessica Coacci

U.S. jobless claims rose last week but remained in a range suggestive of a healthy labor market.

The number of people who filed for unemployment benefits rose to 229,000 in the week through June 6 higher than the 225,000 reported a week earlier, the Labor Department said Thursday. Economists surveyed by The Wall Street Journal expected 220,000 new claims.

Continuing claims, which scale with the total size of the unemployed population, was 1.8 million in the week through May 30, versus a revised 1.77 million a week earlier. The data on continuing claims lag the initial-claims data by a week.

Thursday's jobless claims numbers come after the U.S. economy added a seasonally adjusted 172,000 jobs in May, showing the labor market has now recorded its best three-month stretch in more than two years.

Write to Jessica Coacci at [e-mail]

(END) Dow Jones Newswires

06-11-26 0857ET