Economy

Jobless claims rise to 231,000, but are still running at historic lows

By Joseph Lawler
Published July 5, 2018 12:31pm ET
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Jobless claims rise to 231,000, but are still running at historic lows
Signage at the Breakthru Beverage Group booth during a National Career Fairs event in Tampa, Florida, U.S., on Wednesday, May 23, 2018. Filings for U.S. unemployment benefits unexpectedly rose to a seven-week high while remaining consistent with a tight job market, Labor Department figures showed Thursday. | Luke Sharrett/Bloomberg

New claims for unemployment insurance benefits rose 3,000 to 231,000 to end June, the Department of Labor reported Thursday, but the report contained good news overall.

The small increase in jobless claims defied forecasters’ expectations for claims to drop by 4,000 to 223,000. Overall, though, new and continuing claims for unemployment insurance remain near historic lows.

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Tag:

Jobs Labor Unemployment