April 20 (UPI) -- The U.S. labor market may be finally cooling off with weekly claims for unemployment insurance increasing by 5,000 during the week ending April 15, data Thursday show.
New filings during the reporting week came in at 245,000, an increase of 5,000 from the week ending April 8. The less-volatile, four-week moving average barely moved, with a decrease of 500 from the previous week.