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April 3, 2014 9:00 AM, EDT
Jobless Claims Rise 16,000 for Week
David Paul Morris/Bloomberg News

Initial jobless claims rose by 16,000 last week, the Labor Department reported April 3.

Applications for jobless benefits for the week ended March 29 rose to a five-week high of 326,000 from the previous week, Labor said.

Economists had forecast 319,000 new claims, Bloomberg News reported.

The four-week moving average, a less volatile measure, was little changed at 319,500.

The number of people continuing to receive jobless benefits rose by 22,000 to 2.84 million in the previous week ended March 22.