New claims for unemployment tick up again this week

New claims for unemployment tick up again this week

For the third time in six weeks, initial claims for unemployment in regular state programs rose. The number of new claims grew to 419,000 from 368,000, according to data from the Department of Labor. Economists surveyed by Bloomberg had expected a slight drop to 350,000 new claims for the week.

New claims for unemployment tick up again this week

New claims for unemployment up again this week

Initial claims for unemployment in regular state programs rose by 16,000 to 744,000 in the week ended April 3, the Labor Department reported today, April 8. This was the second straight weekly increase in new claims. For the prior week, the total new claims figure was revised upward to 728,000. Economists surveyed by Bloomberg had projected that initial claims for the week would fall to 680,000.