Economic Report: U.S. jobless claims rise, reversing some of last week’s big drop

The numbers: Initial jobless claims rose by 14,000 to 202,000 in the week ended March 26, the Labor Department said Thursday.  

Claims dropped by a revised 27,000 in the previous week to 188,000 – the lowest level since 1969. Economists said this was too sharp a decline to last.

Economists polled by The Wall Street Journal had estimated new…