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Jobless Claims Tick Up to 417,000
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Jobless Claims Tick Up to 417,000
by jmainframe Thu Aug 25, 2011 12:34 pm
New U.S. claims for unemployment benefits rose more than expected last week, lifted by striking Verizon Communications workers, a government report showed on Thursday.
Initial claims for state unemployment benefits rose 5,000 to a seasonally adjusted 417,000, the Labor Department said, but still nowhere near levels that would signal a recession.
Striking Verizon workers filed 8,500 claims for jobless benefits last week, after submitting 12,500 applications the previous week, which covered the period for the August nonfarm payrolls survey.
http://www.foxbusiness.com/markets/2011/08/25/jobless-claims-tick-up-to-417000/#ixzz1W3TgZieY
Initial claims for state unemployment benefits rose 5,000 to a seasonally adjusted 417,000, the Labor Department said, but still nowhere near levels that would signal a recession.
Striking Verizon workers filed 8,500 claims for jobless benefits last week, after submitting 12,500 applications the previous week, which covered the period for the August nonfarm payrolls survey.
http://www.foxbusiness.com/markets/2011/08/25/jobless-claims-tick-up-to-417000/#ixzz1W3TgZieY
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