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Posted On: 04/28/2019 10:53:04 AM
Post# of 27273
ECONOMY
US weekly jobless claims post biggest rise in 19 months
Reuters
KEY POINTS
The number of Americans filing applications for unemployment benefits increased by the most in 19 months last week.
The underlying trend continued to point to labor market strength, however.
Initial claims for state unemployment benefits jumped to 230,000 for the week ended April 20, the Labor Department said.
The increase was the largest since early September 2017.
US weekly jobless claims post biggest rise in 19 months
Reuters
KEY POINTS
The number of Americans filing applications for unemployment benefits increased by the most in 19 months last week.
The underlying trend continued to point to labor market strength, however.
Initial claims for state unemployment benefits jumped to 230,000 for the week ended April 20, the Labor Department said.
The increase was the largest since early September 2017.
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