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Financial News: U.S. Weekly Jobless Claims Rise To 233,000

U.S. Weekly Jobless Claims Rise To 233,000

10/26/2017 - 08:35:00 (RTTNews)

(RTTNews) - After reporting first-time claims for U.S. unemployment benefits at their lowest level in over forty years in the previous week, the Labor Department released a report on Thursday showing a modest rebound in initial jobless claims in the week ended October 21st.

The report said initial jobless claims rose to 233,000, an increase of 10,000 from the previous week's revised level of 223,000.

Economists had expected jobless claims to edge up to 235,000 from the 222,000 originally reported for the previous week.

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