US jobless claims rise by 7,000, but still low at 207,000
US jobless claims rise by 7,000, but still low at 207,000
By Paul Wiseman | The Associated Press
The number of Americans applying for unemployment benefits rose last week but remained at historically low levels, suggesting that the job market remains strong.
U.S. jobless claims rose by 7,000 last week to 207,000. The four-week average of claims, which smooths out week-to-week gyrations, rose by nearly 4,800 to just below 205,000. Despite the increases,…