Jobless claims rise
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April 13, 2000: 8:59 a.m. ET
First-time filings for state unemployment benefits increase by 3,000
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NEW YORK (CNNfn) - The number of Americans filing new claims for unemployment benefits rose to 264,000 for the week ended April 8 from a revised 261,000 the week before, the U.S. Department of Labor said Thursday.
Economists polled by Reuters had forecast 266,000 initial claims in the April 8 week.
The four-week moving average of claims, which generally provides a more
accurate picture of jobless trends, rose to 263,250 for the reporting period
from a revised 262,750 the week before.
Continued claims were reported at 1,960,000 for the April 1 reporting period, the latest data available, down from a revised 2,014,000 the prior week.
No states reported an increase in claims of more than 1,000 in the week ended April 1, the latest period for which the data are available.
Four states -- Georgia, Ohio, Oregon, and California -- reported a decrease in claims of more than 1,000 for the same period. California reported a drop in layoffs in the construction Industry while Georgia reported fewer layoffs in the textile industry. Oregon and Ohio had no comment.
-- Compiled by Tatiana Helenius
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