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WASHINGTON (MarketWatch) -- Erasing the drop in claims reported last week, first-time filings for state unemployment benefits surged 35,000 to 380,000 in the week ending April 26, the Labor Department reported Thursday. Wall Street economists had expected a result of 360,000. The four-week moving average of initial claims fell 6,500 to 363,750. For the week ending April 19, continuing jobless claims rose 74,000 to 3.02 million - the highest level since April 2004. The four-week average of continuing claims rose 16,750 to 2.98 million - the highest since May 2004.