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U.S. Jobless Claims Rose Last Week for First Time Since April

June 17, 2021, 12:39 PM

Applications for U.S. state unemployment insurance rose slightly for the first time since late April, likely a temporary blip for a labor market that’s otherwise improving as the economy reopens.

Initial claims in regular state programs increased by 37,000 to 412,000 in the week ended June 12, Labor Department data showed Thursday. The median estimate in a Bloomberg survey of economists called for 360,000 applications.

The jump in claims was concentrated in three states -- Pennsylvania, California and Kentucky. Even with the increase, layoffs have declined significantly in recent months as health concerns ebb and businesses ramp up hiring. ...

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