By Sarah Chaney Cambon

Jobless claims rose slightly last week but remained near a pandemic low, as layoffs stabilize amid an economic slowdown tied to rising coronavirus cases.

Initial unemployment claims rose to 332,000 last week from a pandemic low of 312,000 a week earlier, the Labor Department reported Thursday. The four-week moving average for claims, which smooths out weekly volatility, fell to 335,750, the lowest level since March 2020.

Write to Sarah Chaney Cambon at sarah.chaney@wsj.com

(END) Dow Jones Newswires

September 16, 2021 08:56 ET (12:56 GMT)