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WASHINGTON: The number of Americans filing new claims for jobless benefits jumped unexpectedly last week to the highest level in six months, the government said on Thursday, adding to US recovery concerns.

Initial claims were well above most economists’ expectations of 465,000, climbing by 2,000 to 484,000 in the week to August 7 from the previous week’s upwardly revised figure of 482,000.

Treasuries were little changed, Most Stock markets fall.

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Ivan Guan is the author of the popular book "FIRE Your Retirement". He is an independent financial adviser with more than a decade of knowledge and experience in providing financial advisory services to both individuals and businesses. He specializes in investment planning and portfolio management for early retirement. His blog provides practical financial tips, strategies and resources to help people achieve financial freedom. Follow his Telegram Channel to join the FIRE community.
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