U.S. labor market resilient despite sluggish economy
By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose slightly more than expected last week, but the underlying trend continued to point to a rapidly tightening labor market. The modest rebound in growth at the start of the second quarter was underscored by other data on Thursday showing a surprise decline in home resales in April and persistent weakness in manufacturing in May. Initial claims for state unemployment benefits increased 1
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