Unemployment claims rise more than expected

The four-week moving average, which smoothes out the volatility of the weekly number and provides a better gauge of the employment situation, rose by 2,250 to 459,000.

The total number of people continuing to receive unemployment insurance fell by 112,000 in the week ended Oct. 2 to 4.4 million, the lowest since November 2008.

Those receiving extended benefits — up to 99 weeks in some states — who have exhausted their traditional benefits decreased by about 340,000 to 4.8 million in the week ended Sept. 25, the latest data available. 

The private sector added 64,000 jobs in September, while overall the economy lost 95,000, as the jobless rate held at 9.6 percent, according to the Labor Department's report on Oct. 8.