New claims for unemployment bounced back up near 400,000 in the first week of March, the Labor Department reported Thursday.
Weekly initial jobless claims increased 26,000, to 397,000, that week, a reversal of two weeks of declines previously experienced.
In addition, the previous week's figure was revised upward, growing 3,000, to 371,000, slightly erasing that drop of 20,000.
The four-week moving average grew by 3,000, to 392,250. That average is meant to more accurately gauge the state of unemployment claims by smoothing out week-to-week volatility.