Reflecting a rebound from a nearly three-month low, the Labor Department released a report on Thursday showing that first-time claims for U.S. unemployment benefits rose by a little more than expected in the week ended June 25th.
The report said initial jobless claims rose to 268,000, an increase of 10,000 from the previous week’s revised level of 258,000.
Economists had expected jobless claims to edge up to 266,000 from the 259,000 originally reported for the previous week.
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