Tags: US | Jobless | Claims

First-Time Jobless Claims Rise Unexpectedly

Thursday, 04 Feb 2010 08:48 AM

 

Share:
A    A   |
   Email Us   |
   Print   |
   Forward Article  |
  Copy Shortlink

The number of newly laid-off workers filing initial claims for jobless benefits rose unexpectedly last week, evidence that layoffs are continuing and jobs remain scarce.

The rise is the fourth in the past five weeks. Most economists hoped that claims would resume a downward trend that was evident in the fall and early winter.

The Labor Department says that new claims for unemployment insurance rose by 8,000 to a seasonally adjusted 480,000. Wall Street economists had expected a drop to 460,000.

The four-week average, which smooths fluctuations, rose for the third straight week.

The number of people continuing to claim benefits was unchanged at 4.6 million.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
   Email Us   |
   Print   |
   Forward Article  |
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Va. GOP Can't See End to Medicaid Standoff, Fears Loss of Bond Rating

Wednesday, 16 Apr 2014 15:17 PM

If leading Virginia Republicans are right, the battle over Medicaid expansion could leave the state wounded. Virginia Ho . . .

Bridge-gate Legal Fees Running Up to $340 an Hour for NJ Taxpayers

Wednesday, 16 Apr 2014 14:27 PM

New Jersey taxpayers are shelling out as much as $340 an hour for lawyers to represent five present or former staffers o . . .

Art Critic: Bush a Better Artist Than Thomas Kinkade

Wednesday, 16 Apr 2014 14:17 PM

Late "painter of light" Thomas Kinkade was a better technical painter than former President George W. Bush, says art cri . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved