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Initial claims for state unemployment benefits
increased 17,000 to a seasonally adjusted 283,000 for the week
ended Oct. 18, the Labor Department said on Thursday.
Claims had declined for three straight weeks and last week's
increase was in line with economists' expectations.
The four-week moving average of claims, considered a better
measure of labor market trends as it irons out week-to-week
volatility, fell 18,260 to 281,000, the lowest level since May
2000.
A Labor Department analyst said there were no special factors
influencing the state level data.
The claims data covered the week during which the government
surveys businesses for October's nonfarm payrolls. The four-week
average fell 18,750 between the September and October survey
periods, suggesting another month of solid employment gains.
Payrolls increased by 248,000 last month and the unemployment
rate fell below 6 percent for the first time since July 2008.
The jobless claims report showed the number of people still
receiving benefits after an initial week of aid fell 38,000 to
2.35 million in the week ended Oct. 11.
That was the lowest reading for the so-called continuing claims
since December 2000.
(Reporting by Lucia Mutikani; Editing by Paul Simao)
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