Jobless Claims Filing Pick up Amid Continued Struggles For Labor Market

The pace of work­ers fil­ing for unem­ploy­ment claims picked up last week and was a bit high­er than Wall Street had been expecting.

Job­less claims totaled 742,000 for the week, ahead of the 710,000 esti­mate from econ­o­mists sur­veyed by Dow Jones, accord­ing to the Labor Department.

That total also rep­re­sent­ed an accel­er­a­tion from the pre­vi­ous week’s total of 709,000 and a con­tin­u­a­tion of the job mar­ket strug­gles since the coro­n­avirus pan­dem­ic hit in ear­ly March.

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