The Labor Department said in its weekly report Thursday that new unemployment claims in the United States increased marginally but were largely in line with what most economists predicted.
According to the agency, 353,000 new unemployment claims were filed last week, a 4,000 increase from the previous week.
The majority of experts projected 350,000 additional claims.
Thursday’s report marked the first rise in new filings in several weeks.
Despite the increase, the level of new claims is still lower than it’s been at any point since March 2020.
The department said in its report that there were 2.86 million continuing claims, which lag initial claims by a week.