US weekly jobless claims unexpectedly increase


The weak labor market and resulting economic hardship are major hurdles to President Donald Trump's chances of getting a second term in the White House when Americans go to the polls on Nov 3.

WASHINGTON:The number of Americans filing new claims for jobless benefits unexpectedly rose last week, which could heighten fears the COVID-19 pandemic was inflicting lasting damage to the labor market.

Initial claims for state unemployment benefits totaled a seasonally adjusted 898,000 for the week ended Oct 10, compared to 845,000 in the prior week, the Labor Department said on Thursday. Economists polled by Reuters had forecast 825,000 applications in the latest week.

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