Labor Department, Jobless Benefits | featured news

Jobless claims rise slightly, hiring at sluggish pace

The number of Americans filing for jobless benefits rose slightly in the latest week, indicating a labor market that remains in the doldrums. The Labor Department reported that new claims rose a seasonally-adjusted 4,000 to 367,000, while the four-week moving average, considered a more accurate gauge of labor market conditions, was flat at 375,000.

 

US jobless claims rose 37,000 last week

New U.S. claims for jobless benefits climbed more steeply than anticipated last week, according to a Labor Department report on Thursday that further underlined the drag on economic activity from persistently weak job markets.

Senh: I wonder if the newly unemployment benefits extension has anything to do with it.

 

$3.1B set aside for jobless unclaimed

$3.1B set aside for jobless unclaimed

The money is sitting in a federal trust fund because 23 states haven't expanded their jobless benefits, Labor Department records ...

 

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