The number of people who filed for unemployment assistance in the U.S. last week rose more than expected, official data showed on Thursday.
In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending August 12 rose by 9,000 to a seasonally adjusted 408,000, higher than the expected increase of 400,000.
The previous week’s figure was revised up to 399,000 from 395,000.
Continuing jobless claims in the week ended August 6 rose to 3.702 million from a revised 3.695 million in the preceding week. Analysts had expected continuing jobless claims to rise to 3.700 million.