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Jobless Claims Rise in U.S. Holiday Week From 3-Month Low

  • Data reflected volatility around the Presidents' Day holiday
  • Four-week average fell to lowest level since mid-December
Job seekers wait in line to enter the Choice Career Fair in San Antonio, Texas, U.S., on Thursday, April 16, 2015. Fewer than 300,000 American workers filed applications for unemployment benefits for the sixth consecutive week, pointing to labor-market strength even as hiring cooled last month.
Photographer: Matthew Busch/Bloomberg
Updated on

The number of Americans filing applications for unemployment benefits rose last week from a three-month low, in part reflecting the typical swings during holiday periods.

Jobless claims increased by 10,000 to 272,000 in the week ended Feb. 20, a report from the Labor Department showed on Thursday in Washington. The median forecast of 46 economists surveyed by Bloomberg called for 270,000. The average over the past four weeks was the lowest so far this year.