Jobless claims unexpectedly rise; labor market still strong

Mar 23, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

WASHINGTON, March 23 (Reuters) – – The number of Americans filing for unemployment benefits unexpectedly rose last week, but remained below a level associated with a strengthening labor market. Initial claims for state unemployment benefits increased 15,000 to a seasonally adjusted 258,000 for the week ended March 18, the Labor Department said on Thursday.