Weekly Jobless Claims Tick Up

Before you go, we thought you'd like these...
Before you go close icon

The report on weekly jobless claims is now out from the Labor Department, and the number of claims gained 2,000 to total 366,000. Bloomberg and Dow Jones were both looking for 365,000 for the week. The figure from last week was revised to 364,000 from 361,000.

Another measurement of the army of unemployed is the figure for continuing claims of more than one-week (with a one-week lag). That figure came down to 3.3 million.

The good news is that these claims are lower than the 400,000 figures seen earlier, but the bad news is that they are still too high to really make a dent in the unemployment rate.

JON C. OGG


Filed under: 24/7 Wall St. Wire, Economy, Labor, Labor & Unions
Read Full Story

Markets

S&P 500 2,191.95 0.87 0.04%
DJIA 19,170.42 -21.51 -0.11%
NASDAQ 5,255.65 4.55 0.09%
DAX 10,513.35 -20.70 -0.20%
HANG SENG 22,564.82 -313.41 -1.37%
NIKKEI 225 18,426.08 -87.04 -0.47%
USD (per EUR) 1.07 0.00 0.06%
USD (per CHF) 1.01 0.00 -0.01%
JPY (per USD) 113.48 -0.41 -0.36%
GBP (per USD) 1.27 0.01 1.16%

From Our Partners