US Jobless Claims Rise

A job seeker uses a computer to search for jobs at the Western Addition Neighborhood Access Point in San Francisco on April 17, 2014. (Photo by Justin Sullivan/Getty Images)

US Jobless Claims Rise

New claims for US unemployment insurance benefits rose last week but kept within the recent low range that suggests a modestly improving job market.

WASHINGTON — New claims for U.S. unemployment insurance benefits rose last week but kept within the recent low range that suggests a modestly improving job market, according to official data released Wednesday.

Initial jobless claims, a sign of the pace of layoffs, increased by 21,000 to 313,000 for the week ended November 22, the Labor Department said.

The prior week's level was upwardly revised to 292,000 from 291,000.

The four-week moving average of claims rose by 6,250 to 294,000, compared with 334,750 a year ago.

In early November the Labor Department reported another fall in the unemployment rate, to a six-year low of 5.8% in October, with job creation holding a pace above 200,000 a month for the ninth consecutive month.

Copyright Agence France-Presse, 2014

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