U.S. jobless claims jump to biggest in 1 year and 2 months

The number of new unemployment claims in the U.S. has risen by the biggest margin in more than a year.

The U.S. Labor Department reported 258,000 new unemployment claims last week, up 33,000 from the previous week.

This was the steepest increase since late July, well above the 230,000 expert forecasts compiled by Dow Jones.

The number of "continued unemployment benefits" claims filed for unemployment benefits for more than two weeks was 1.86 million, up 42,000 from the previous week.Wall Street is paying attention to U.S. job market trends amid concerns that worsening employment indicators
may cool the U.S. economy rapidly.