Jobless Claims in U.S. Rise After Falling to Four-Decade Low

Filings for U.S. unemployment benefits rose last week by the most since July, after spending several weeks at or near a four-decade low.

Jobless claims increased by 13,000 to 260,000 in the period ended Oct. 15, a Labor Department report showed Thursday in Washington. The median forecast in a Bloomberg survey of economists called for 250,000. Continuing claims also rose, though the four-week average was the lowest since 2000.