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Friday, October 30, 2026Oct 30

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Initial jobless claims increase unexpectedly

CHRISTOPHER S. RUGABER

AP Economics Writer

WASHINGTON – The number of newly laid-off workers seeking unemployment benefits rose last week, a sign that jobs remain scarce even as the economy recovers.

The Labor Department said Thursday that first-time claims increased by 18,000 in the week ending April 3, to a seasonally adjusted 460,000. That’s worse than economists’ estimates of a drop to 435,000, according to a survey by Thomson Reuters.

The report covers the week that includes the Easter holiday, and a Labor Department analyst said seasonal adjustment for Easter can be difficult since the Easter holiday occurs in different weeks each year.