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Jobless claims average rises by 2,750

April 18, 2013

The U.S. four-week moving average of initial claims for unemployment insurance rose by 2,750 in the week ended April 13 to a level of 361,250 from the previous week’s revised average of 358,500, according to seasonally adjusted numbers released today by the U.S. Department of Labor.

The four-week moving average decreases the volatility of the weekly numbers. Total initial claims for unemployment insurance for the week were 352,000, up 4,000 from the previous week’s revised figure of 348,000.