Jobless claims unexpectedly rise to 770,000

Paramount Theater
(Image credit: Karen Ducey/Getty Images)

The number of Americans filing new jobless claims has unexpectedly ticked up, coming in higher than economists projected.

The Labor Department said Thursday that 770,000 Americans filed initial jobless claims last week. That was up 45,000 claims from the level of the previous week, which was initially reported to be 712,000 but was revised up to 725,000.

The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up

Thursday's unexpected rise in claims comes as numerous states move to re-open, but as experts express concern over an uptick in new cases in 15 states, ABC News reports.

The most recent U.S. jobs report had surpassed expectations earlier this month, showing 379,000 jobs were added in February. But Glassdoor Senior Economist Daniel Zhao wrote that while "the engine of economic recovery is restarting as the pandemic's winter wave recedes," there "is still a long way to go."

Explore More
Brendan Morrow

Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.