US weekly jobless claims 238,000, up 4,000 wk/wk
Expectations were for 235,000 new claims (Il Sole 24 Ore Radiocor) - Washington, 03 Jul - The number of Americans filing for unemployment benefits for the first time in the week ended June 29 rose by 4,000 from the previous week's revised figure to a seasonally adjusted figure of 238,000, the US Labor Department said.
Expectations were for 235,000 new weekly claims. The four-week moving average, a more reliable indicator, showed claims were up 2,250 from the previous week's revised average to 238,500.
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(RADIOCOR) 03-07-24 14:37:52 (0447) 5 NNNN