U.S. jobless claims rise, but firming labor market trend intact

A "Now Hiring" sign hangs on the door to the Urban Outfitters store at Quincy Market in Boston(Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but that probably does not signal a material shift in labor market conditions as claims remain near their pre-recession levels.

Initial claims for state unemployment benefits increased 11,000 to a seasonally adjusted 315,000 for the week ended Sept. 6, the highest level since late June, the Labor Department said on Thursday.  Read more

Categories: Economy, United States

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