Jobless Claims Rise

NOT A GOOD INCREASE

Updated Apr. 21, 2017 12:18PM EDT / Published Feb. 21, 2013 10:39AM EST

The labor market got slightly weaker last week. The Labor Department reported that first-time unemployment claims rose to 365,000 from 341,000 the prior week. The less-volatile four-week average rose to 360,750. Thanks to the improving job market and the expiration of expanded unemployment benefits, there are 5.61 million Americans receiving unemployment benefits—that’s down from 7.49 million a year ago.

Read it at Bureau of Labor Statistics

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Jobless Claims Rise