The number of Americans seeking unemployment benefits rose last week from the lowest point of the pandemic, even as the job market appears to be rebounding on the strength of a reopened economy.
The Labor Department said Thursday that jobless claims increased last week to 419,000, the most in two months, from 368,000 the previous week.
Economists characterized last week’s increase as most likely a blip caused by some one-time factors and partly a result of the inevitable bumpiness in the week-to-week data. To read the full Associated Press story, click here.