Jobless Claims Up More Than Expected
 
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By REUTERS

WASHINGTON (Reuters) -

The number of Americans filing initial claims for jobless aid grew by more than expected last week, government data showed on Thursday, but the rolling average again fell and stands at a 3-1/2 year low.

First-time claims for state unemployment benefits rose 12,000 to 345,000 in the week ended May 15, the Labor Department said.

Wall Street analysts had forecast a slight decline in claims to 326,000 from a revised 333,000 the previous week. This was initially reported at 331,000.

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