U.S. Jobless Claims Rebound Less Than Expected To 200,000

First-time U.S. unemployment claims rebounded in the week ended May 2, but rose by less than expected. The report is a routine labor market data point and suggests only a modest change in near-term jobless trends.

Analysis

First-time U.S. unemployment claims rebounded in the week ended May 2, but rose by less than expected. The report is a routine labor market data point and suggests only a modest change in near-term jobless trends.