Government says the number of people applying for unemployment benefits increased; claims filed exceed economists' expectations.
The number of newly laid off workers filing claims for unemployment benefits increased last week after a big decline in the previous week.
The Labor Department said Thursday that applications for unemployment benefits rose to 372,000, an increase of 17,000 from the previous week.
The four-week average for claims was 376,000, down only slightly from 376,750, the previous week. Aside from the period in the fall of 2005 after Hurricane Katrina hit, the four-week average for claims has risen to levels last seen in 2003 when the country was mired in a long jobless recovery after the 2001 recession.
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