WASHINGTON (Reuters) – New U.S. claims for unemployment benefits rose more than expected last week, according to a government report on Thursday that still pointed at gradual labor market recovery.
Initial claims for state unemployment benefits increased 25,000 to a seasonally adjusted 410,000, the Labor Department said, partially reversing the prior week’s hefty decline.
Economists polled by Reuters had forecast claims rising to 400,000. The previous week’s figure was revised slightly up to 385,000, from the previously reported 383,000.
The claims data covers the survey period for part of the government’s employment report for February. But the correlation between claims and nonfarm payrolls has weakened somewhat. Claims have been hovering above the 400,000 mark, a sustained breach of which is regarded by economists as signaling strong jobs growth.
A Labor Department official said there was nothing unusual in the state-level data, adding that two states had been estimated.
The four-week moving average of unemployment claims — a better measure of underlying trends – rose 1,750 to 417,750 last week.
The number of people still receiving benefits under regular state programs after an initial week of aid edged up 1,000 to 3.91 million in the week ended February 5.
Economists had expected so-called continuing claims to rise to 3.90 million from a previously reported 3.89 million.
The number of people on emergency unemployment benefits dropped 127,386 to 3.63 million in the week ended January 29, the latest week for which data is available. A total of 9.25 million people were claiming unemployment benefits during that period under all programs.
Newly revealed video shows Trump and Jeffrey Epstein ogling cheerleaders at Mar-A-Lago party
Newly revealed video recorded in 1992 shows Donald Trump and Jeffrey Epstein ogling NFL cheerleaders at a party held at the future president's Mar-A-Lago club.
The video recorded by NBC and broadcast Wednesday by MSNBC shows Trump, then a celebrity businessman, dancing with dozens of cheerleaders for the Buffalo Bills and Miami Dolphins, and then greeting Epstein and two other men.
Trump and the accused pedophile Epstein are then seen pointing toward various women and commenting on their looks, although it's not always clear what they're saying.
"She's hot," Trump says about one woman, and then leans in to say something that makes Epstein double over with laughter.
‘Clear and present racism’: MSNBC’s Morning Joe and Mika say Kellyanne Conway should have been ‘fired on the spot’ for slurring reporter
MSNBC's Joe Scarborough and Mika Brzezinski were astonished by Kellyanne Conway's response to a reporter asking about President Donald Trump's racist attacks on four first-year lawmakers.
The White House senior adviser asked Breakfast Media White House correspondent Andrew Feinberg, who is Jewish, about his ethnicity after he asked Conway what countries Trump was telling the Democratic congresswomen to return.
"I won't draw any parallels with any fascist countries, but what happened yesterday in a press gaggle has nothing to do with the United States of America," Scarborough said, "and in any other administration over the past 240 years, a person that did what Kellyanne Conway did yesterday would have been fired on the spot. By the time she left the press gaggle and went back into the White House, they would have already packed up her belongings and would have told her leave by the back door and never talk to us again."
Elon Musk shows off progress on brain-machine interface
Futurist entrepreneur Elon Musk late Tuesday revealed his secretive Neuralink startup is making progress on an interface linking brains with computers, and said they hope to begin testing on people next year.
Musk has long contended that a neural lace meshing minds with machines is vital if people are going to avoid being so outpaced by artificial intelligence that, under the best of circumstances, humans would be akin to "house cats."
Musk and members of the Neuralink team laid out progress they have made on their mission at an event held in San Francisco to recruit talent in software, robotics, neuroscience and more.