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Economic Report: Jobless claims climb 10,000 to 247,000 in first week of 2017

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A United Parcel driver inventories and organizes his packages in the back of his delivery truck. Companies are loathe to let go of good workers with unemployment low and help hard to find.

WASHINGTON (MarketWatch) — The number of Americans who applied for unemployment benefits in the first week of 2017 rose by 10,000 to 247,000, but they remain near the lowest level in decades.

Economists polled by MarketWatch had forecast initial claims to climb to a seasonally adjusted 258,000 from a revised 237,000 in the prior week.

Some people likely delayed filing claims between the Christmas and New Year’s day holidays, leading to the bump up in the week stretching from Jan.

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