Initial jobless claims, a tracker of sorts for layoffs in the U.S., rose slightly at the end of June but clung near the lowest level in decades.
New claims rose by 3,000 to 231,000 in the seven days ended June 30. Economists polled by MarketWatch had forecast a 225,000 reading.
The more stable monthly average of claims, meanwhile, increased by 2,250 to 224,500, the government said Thursday.
The number of people already collecting unemployment benefits climbed by 32,000 to 1.74 million. These are known as “continuing” claims.
Source : Market Watch