Claims for unemployment aid rise but remain at low level

WASHINGTON (AP) — More Americans applied for unemployment benefits last week, but the level of jobless claims remains low enough to suggest that most workers enjoy job security.

The low level of unemployment claims suggests that the weak numbers on hiring in May "overstated any underlying softening in the labor market," Daniel Silver, an economist at J.P. Morgan, wrote in a research note.

Britain's June 23 decision to leave the European Union has rattled markets and created uncertainty about the global economic outlook.