[Stay on top of transportation news: Get TTNews in your inbox.]
Initial Jobless Claims Rise 1,000, Labor Dept. Reports
he number of U.S. workers filing for initial unemployment benefits rose 10,000 in the week ended May 21, the Labor Department said Thursday.
Jobless claims increased to 323,000 claims, just below economists' forecast of a rise to 325,000, Bloomberg reported.
The four-week moving average, a less volatile measure, rose slightly to 330,500 from 330,000.
The four-week average of continuing claims rose to 2.587 million, from 2.582 million, which had been a four-year low.