US weekly jobless claims rise more than expected as labor market eases

unemployment benefitsincreased more than expected last week, while the jobless rate appeared to have picked up in May as labor market conditionscontinue to ease. Initial claims for state unemployment benefits rose 14,000 to a seasonally adj https://economictimes.indiatimes.com/news/international/world-news/us-weekly-jobless-claims-rise-more-than-expected-as-labor-market-eases/articleshow/121492841.cms?from=mdr