US jobless claims rise for second week

jobless, unemployment jobNew US claims for unemployment benefits climbed for a second straight week but remained below the level of 500,000, government data showed Thursday.

New claims in the week ending December 12 rose to 480,000 from the prior week’s revised 473,000, the Labor Department said.

Most private economists had expected a drop in seasonally adjusted new claims to 465,000.

Still, the report highlighted stablization in the ailing jobs market.

The four-week moving average, a less volatile indicator than the week-to-week figures, fell to 467,500 from the previous week’s revised 472,750.

Full Story US jobless claims rise for second week – Yahoo! News.

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     Who will you vote for this year: Big Oil, Big Casinos, or Wall Street?

     
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