Pursuits
Jobless Claims in U.S. Hold Below 300,000 for a 14th Week
A worker pulls some tops from inventory to fill an order in Miami.
Photographer: Mark Elias / BloombergThis article is for subscribers only.
Applications for U.S. unemployment benefits remained below 300,000 for a 14th straight week, a sign of labor market strength that will help fuel U.S. growth.
Jobless claims rose by 2,000 to 279,000 in the week ended June 6, a Labor Department report showed Thursday in Washington. The median forecast of 48 economists surveyed by Bloomberg called for 275,000. The four-week average of initial applications also crept up.