US jobless claims rise, data for several states estimated

US jobless claims rise, data for several states estimated

FILE PHOTO: Recruiters and job seekers are seen at a job fair in Golden, Colorado, June 7, 2017. REUTERS/Rick Wilking
WASHINGTON: The number of Americans filing for unemployment benefits rose for a third straight week last week, but that likely does not suggest a material shift in labor market conditions as data for several states, including California, were estimated.Initial claims for state unemployment benefits increased 3,000 to a seasonally adjusted 250,000 for the week ended Dec. 30, the Labor Department said on Thursday. Economists polled by Reuters had forecast claims falling to 240,000 in the latest week. Claims tend to be volatile around holidays.(Reporting by Lucia Mutikani; Editing by Paul Simao and Chizu Nomiyama)
Source: Reuters
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