Jobless claims spike, in worrisome sign for the US labor market

First-time applications for unemployment benefits rose more than expected last week, indicating that cracks may be forming in America’s long-solid labor market. And an increasing number of federal workers are also landing on the unemployment rolls, new data showed Thursday.

​ First-time applications for unemployment benefits rose more than expected last week, indicating that cracks may be forming in America’s long-solid labor market. And an increasing number of federal workers are also landing on the unemployment rolls, new data showed Thursday. Read More Breaking News, Latest News and Videos | CNN