World Economy

US Jobless Claims Rise

US Jobless Claims RiseUS Jobless Claims Rise

The number of new jobless benefit claimants in the US increased unexpectedly last week, official data showed yesterday, indicating the economic recovery might not be running as smoothly as economists had hoped. A total of 315,000 made initial claims for benefits, up 11,000 on the week.And the previous week’s jobless claims figure was revised upwards by 2,000 to 304,000.