First-time claims for unemployment benefits in the U.S. unexpectedly increased in the week ended May 30th, according to a report released by the Labor Department on Thursday.
The report said initial jobless claims climbed to 225,000, an increase of 13,000 from the previous week's revised level of 212,000.
Economists had expected jobless claims to edge down to 212,000 from the 215,000 originally reported for the previous month.
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.