New jobless claims up, continued claims a record
Initial claims for state unemployment insurance benefits increased to a seasonally adjusted 588,000 in the week ended Jan 24 from a revised 585,000 the prior week, the Labor Department said.
Analysts polled by Reuters had forecast 580,000 new claims versus a previously reported count of 589,000 the week before.
(Reporting by Alister Bull, Editing by Chizu Nomiyama)