US Initial Jobless Claims Edge Up to 224,000 in Goldman Analysis

Applications for US unemployment benefits edged up last week, according to a Goldman Sachs Group Inc. analysis of state-level filings released during the federal government shutdown.

Initial claims rose to about 224,000 in the week ended Sept. 27 from the 218,000 filings reported by the government in the prior period, Goldman Sachs economists led by Jan Hatzius said in a note to clients. The bank used the Labor Department’s pre-released seasonal factors to adjust the available raw state-level figures.