Economics
Initial Claims for U.S. Jobless Benefits Rose Slightly Last Week
- State applications climbed 9,000 from the previous week
- Texas, Ohio and New York posted biggest increases last week
People eat in the outdoor section of a restaurant in New York.
Photographer: Amir Hamja/BloombergThis article is for subscribers only.
Applications for U.S. state unemployment insurance rose slightly last week, underscoring the pandemic’s lingering restraint on the labor market recovery.
Initial jobless claims in regular state programs totaled 745,000 in the week ended Feb. 27, up 9,000 from the prior week, Labor Department data showed Thursday. Economists in a Bloomberg survey estimated 750,000 claims.