US initial jobless claims rise by 11,000

239,000 claims filed last week, according to Labor Department data

By Ovunc Kutlu

ISTANBUL (AA) – The number of Americans filing first-time unemployment claims rose by 11,000 last week to 239,000, according to Labor Department data released on Thursday.

The figure came in higher than market estimates of 232,000, while the previous week's figure was unrevised at 228,000.

"This is the highest level for initial claims since January 15, 2022 when it was 251,000," the Labor Department said in a statement.

The four-week moving average was 240,000, an increase of 2,250 from the previous week's unrevised average of 237,750.

The US economy added 236,000 jobs in March, while the unemployment rate fell to 3.5% from 3.6%.

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