Jobless Claims Increase for Week

Claims rose to 484,000 for the week ended Saturday, Labor said.

Economists had forecast claims would fall to 440,000 from a previously estimated 460,000.

The four-week moving average, a less volatile measure, rose to 457,750, from 450,250 the previous week.

Continuing claims for the previous week ended April 3 grew by 73,000 to 4.64 million, though that figure does not include those receiving extended unemployment benefits.