Unemployment claims rise to 198,000, more than expected

Unemployment claims rise to 198,000, more than expected

Initial claims for unemployment insurance rose last week, but remained generally low in a tight labor market. Jobless claims for the week ended March 25 totaled 198,000, up 7,000 from the prior period and slightly above the estimate of 195,000, the Labor Department reported Thursday. While the number was slightly higher than expected, the total … Read more