Jobless claims rise for second week

New claims for jobless benefits moved higher last week, a possible sign that employers haven’t completely let go of their caution and are looking to cut costs.

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The Labor Department reported Thursday that the number of new applications filed for unemployment insurance rose by a seasonally adjusted 8,000 to 357,000 for the week ending Dec. 4. That marked the highest level since late September.

Last week’s increase followed a sharp rise in claims — of 25,000 — in the prior week.

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The newest snapshot of labor market activity was a bit disappointing to economists. They were forecasting claims to drop to around 335,000 for last week.

Higher energy bills and expensive health-care costs may be taking their toll on some companies — squeezing profits and forcing them to trim workers.