US Weekly Jobless Claims Climb to 719,000, Above Economist Estimates
REUTERS/Nick Oxford US jobless claims totaled 719,000 last week, up from the prior week's revised reading of 658,000. The reading lands above the median estimate of 678,000 and marks the second jump in three weeks. Continuing claims fell to 3.79 million for the week that ended March 20. More Americans filed for unemployment benefits last week as the labor-market rebound hit snags. New jobless claims reached an unadjusted 719,000 for the week that ended Saturday, the Labor Department announced Thursday. That comes in above the median estimate of 678,000 from econo...