New U.S. claims for jobless benefits climbed more steeply than anticipated last week, according to a Labor Department report on Thursday that further underlined the drag on economic activity from persistently weak job markets.
Initial claims for state unemployment benefits rose 37,000 to a seasonally adjusted 464,000 in the week ended July 17, the department said, more than erasing a decline in the prior week that included the Independence Day holiday. Get the full story »
