‘Surprise’ rise in new US jobless claims

‘Unexpectedly’!There is no recovery.(Financial Times) — The number of US workers making first-time claims for jobless benefits unexpectedly rose last week, as the government worked through a pre-holiday backlog of filings.Initial jobless claims climbed by 36,000 to 482,000, labour department figures showed on Thursday. That disappointed analysts, who were expecting claims to shrink, and was [...] continue reading world news