New US jobless claims rose unexpectedly last week, but the job market remains tight amid a labor shortage, with the number of Americans on jobless lists in early May at a low since 1969.
Initial jobless claims rose by 21,000 to a seasonally adjusted 218,000 in the week ended May 14, the highest level since January, the Labor Department said on Thursday.
Economists polled by Reuters were projecting 200,000 orders for the last week.
The job market is tightening rapidly in the US and generating strong wage gains that are helping to boost inflation.
High price pressures forced the Federal Reserve to adopt an aggressive monetary policy stance.
The US central bank raised its interest rate by 0.75 percentage point, is expected to adopt a 0.5 point increase at each of its next meetings, in June and July.
There were a record 11.5 million job openings at the end of March.
Claims for aid dropped from an all-time high of 6.137 million in early April 2020.
The number of people receiving aid after an initial week of aid dropped by 25,000 to 1.317 million during the week ending May 7.
This was the lowest level for so-called continuing orders since December 1969.
Source: CNN Brasil
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