U.S. unemployment claims jump by 7,000

(March 5, 2015) -- "Claims have been volatile in recent weeks with swings of over 20,000 in the three readings prior to today’s release. The four-week moving average has also been unusually volatile, rising to 304,750 currently from 283,000 just two weeks ago, which was down from 307,000 in mid-January," said Nye.