Jobless Claims Tick Higher Last Week

Washington, DC, April 3, 2014 -- Initial claims for unemployment benefits edged higher unexpectly last week, according to the Labor Department.

Initial claims increased 16,000 to a seasonally adjusted 326,000. Economists had forecast that claims would rise to 317,000 in the week ended March 29.

The four-week moving average for new claims remained near six-month lows.

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