For all practical purposes, status quo ante.
Initial jobless claims increased by 11,000 to 276,000 in the week ended March 26, the highest since the end of January, a report from the Labor Department showed on Thursday. The median forecast in a Bloomberg survey called filings to hold at 265,000.
Jobless claims have been below 300,000, a level economists associate with a healthy labor market, for 56 consecutive weeks. That’s the longest since 1973. . . .
The four-week moving average of claims, a less volatile measure than the weekly figures, increased to 263,250 from 259,750.
The number of people continuing to receive jobless benefits fell 7,000 in the week ended March 19 to 2.17 million, the lowest level since mid-October.