US weekly jobless claims total 248,000 vs 239,000 claims expected

[McFurd]

CNBC - 6/1/2017 - Reuters - The number of Americans filing for benefits increased more than expected last week.The rise probably does not signal a material shift in labor market conditions as claims for several states, including California, were estimated.The four-week moving average of claims rose only 2,500 to 238,000 last week. The number of Americans filing for unemployment benefits increased more than expected last week, but the rise probably does not signal a material shift in labor market conditions as claims for several states, including California, were estimated. Initial claims for state unemployment benefits jumped 13,000 to a seasonally adjusted 248,000 for the week ended May 27, the Labor Department said on Thursday. Read more @ http://www.cnbc.com/2017/06/01/us-weekl ... -2017.html