Home sales fall, jobless claims rise

— New data released Thursday showed falling home sales last month and rising claims for unemployment benefits last week.

Sales of previously occupied homes fell 5.1 percent in June to a seasonally adjusted annual rate of 5.37 million, the National Association of Realtors said.

New claims for unemployment insurance jumped by 37,000 to a seasonally adjusted 464,000, the Labor Department said. Seasonal factors boosted new requests for benefits. Still, first-time claims remain elevated, pointing to a sluggish job market.

Read tomorrow's Arkansas Democrat-Gazette for full details.

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