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U.S. jobless claims unexpectedly rise by 15,000

Bloomberg reports that 15,000 more Americans filed claims for unemployment last week, bringing the total to 576,000. Economists had predicted a drop in claims to 550,000.

The four-week moving average rose to 570,000 from 565,750.

Thirty-six states reported an increase, with Tennessee and North Carolina showing the biggest increases. California showed the biggest decrease as employment in construction jobs kicked in.

Continue reading U.S. jobless claims unexpectedly rise by 15,000

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Last updated: May 28, 2012: 06:28 AM

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