20.02.202012:37:00UTC+00U.S. Weekly Jobless Claims Inch Up To 210,000

A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended February 15th.

The Labor Department said initial jobless claims crept up to 210,000, an increase of 4,000 from the previous week's revised level of 206,000

Economists had expected jobless claims to inch up to 210,000 from the 205,000 originally reported for the previous week.

Meanwhile, the report said the less volatile four-week moving average edged down to 209,000, a decrease of 3,250 from the previous week's revised average of 212,250.