US Finance and Economic Brief News: July 9

The numbers show that initial jobless claims are on the rise

The Labor Department has released its weekly unemployment report, showing that the number of initial claims rose slightly over the past seven days.

The week ending July 2, initial claims rose by 4,000 to 235,000. The week before New Jersey (+5,569), Massachusetts (+3,217), Ohio (+2,588), Kentucky (+1,478) and Missouri (+1,375) saw the largest increases in the number of claims; those with the largest declines were California (-2,504), Texas (-2,074), Michigan (-1,683), Pennsylvania (-1,628) and Georgia (-1,606).


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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!