US Jobless Claims Rise 'More than Expected' This Week, Up By 24,000 to 399,000

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By MarketWatch

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WASHINGTON тАФ The number of Americans filing initial claims for regular state unemployment benefits rose by 24,000 to a seasonally-adjusted 399,000, the Labor Department said Thursday.

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Economists surveyed by Dow Jones Newswires expected claims to rise by 8,000 to 380,000 in the week ended Jan. 7. Claims from the prior week were revised up to 375,000 from 372,000.

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The average of new claims over the past four weeks increased by 7,750 to 381,750.

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Meanwhile, the report said that continuing claims rose by 19,000 to a seasonally-adjusted 3.63 million in the week ended Dec. 31. Continuing claims are reported with a one-week lag.

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About 7.33 million people received some kind of state or federal benefit in the week ended Dec. 24, up 111,010 from the prior week. Total claims are reported with a two-week lag.

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