The U.S. Labor Department said first-time jobless benefits claims rose by 20,000 to 362,000 in the week that ended Saturday. Initial claims for unemployment benefits rose from a slightly revised 342,000 from the previous week. Previously, last week's claims were reported as 341,000 with a decline of 27,000 from the prior week.
This week's reversal retracts 20,000 of the 27,000 decline.
The four-week rolling average for the week rose to 360,750, up 8,000 from the previous week's revised figure of 352,750.
The largest increases in claims for the week ending Feb. 9 were in Kansas with a jump of 2,344 and Puerto Rico with a gain of 492. The largest declines were in California and New York with drops of 4,830 and 4,401, respectively.
Most Popular Stories
- Frightfully Fun Films Return for Halloween
- Pfizer Approves $11 Billion Buyback Plan
- Would Soccer Be Richer Without Small Clubs?
- Cloud Lifts Microsoft's Quarterly Results
- Jennifer Aniston, Justin Theroux Set the Date
- IS Funded by Black Market Oil Sales, Racketeering
- Weekly Jobless Claims Rise but Remain Low
- Hollywood Eager to Grasp Hispanic Market
- Stocks Continue Strong After Opening Surge
- Teresa Giudice Must Serve Time in Prison