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MNI BRIEF: U.S. Jobless Claims Rise For 1st Time Since April


U.S. weekly jobless claims rose by 37,000 to 412,000 in the latest week, the first increase since April and a break from what has been a gradual but steady improvement.

The Federal Reserve on Wednesday indicated it needs to see further gains in employment before tapering QE. Economists say claims numbers are getting harder to read as the expiration of extended pandemic benefits in some states is now muddying the data.

MNI Washington Bureau | +1 202 371 2121 |
MNI Washington Bureau | +1 202 371 2121 |

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