Initial jobless claims rise more than expected
Expectations were for claims to total 280,000, down from 281,000 last week. Last week's four-week moving average of claims fell to the lowest since June 2000.
Last week's number was also revised up slightly to 282,000.
The four-week moving average of claims rose slightly from last week's nearly 15-year low, but rose by just 250.
More to come...