U.S. unemployment claims jump 51,000 to nine-week high of 419,000
July 22, 2021 at 08:58 AM EDT
The number of people applying for state unemployment benefits jumped in mid-July to the highest level in almost two months, but the increase was concentrated in just a handful of states and probably doesn't signal any erosion in the U.S. labor market. Initial jobless claims surged by 51,000 to 419,000.
