The number of people who applied for unemployment benefits in late June jumped to the highest level in almost two months, though so-called jobless claims continued to remain extremely low and reflect little sign that the labor market is deteriorating.
Initial jobless claims, a rough way to measure layoffs, climbed by 10,000 to 227,000 in the seven days ended June 22, the government said Thursday. Economists polled by MarketWatch estimated new claims would total a seasonally adjusted 216,000.
The more stable monthly average of new claims increased by 2,250 to a still-low 221,250. The four-week average gives a more accurate read into labor-market conditions than the more volatile weekly number.
Source : Market Watch