Jobless Claims Creep Up to 218,000

Little kids at a Halloween party
Getty Images

The number of Americans filing for state unemployment benefits increased by 5,000 to a seasonally adjusted 218,000 last week.

Labor Department data released Thursday also revised up the previous week by 1,000 to 213,000.

Economists had forecast a rise to 215,000.

Jobless claims can be volatile. To get a better gauge of the health of the labor market, economists look to the four-week moving average of claims, which smooths out the lumpiness of weekly claims. This fell by 500 last week to 214,750.


Please let us know if you're having issues with commenting.