New Unemployment Claims Rise Unexpectedly

By: Associated Press Email
By: Associated Press Email

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June 25

The government says the number of people filing first-time claims for jobless benefits increased last week, partly due to layoffs related to the end of the school year.

The Labor Department says new jobless claims rose by 15,000 to a
seasonally adjusted 627,000. Economists expected a drop to 600,000
claims, according to Thomson Reuters.

A department analyst says that states reported more claims than
expected from teachers, cafeteria workers and other school

The number of people continuing to receive unemployment
insurance rose by 29,000 to 6.74 million, slightly above analysts'
estimates of 6.7 million.

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