Equipment Type

Jobless Claims Reach 9-Month High

Filings for state unemployment benefits rose unexpectedly last week to 379,000, according to Reuters

December 20, 2013

Filings for state unemployment benefits rose unexpectedly last week to 379,000, according to Reuters. This 10,000-claim increase for the week ended Dec.14 is the highest jobless total since March and is attributed to seasonal, year-end layoffs.

A Bloomberg survey of economists suggests revising the total down to 336,000. According to the Bloomberg report, a Labor Department spokesperson recommended focusing on the four-week average number of jobless claims during the holiday season. 

Sources: Reuters, Bloomberg

 
 

Comments on: "Jobless Claims Reach 9-Month High"

SUBSCRIBE TO OUR NEWSLETTERS

Optional
Optional
Type the characters you see in this picture. (verify using audio)
Type the characters you see in the picture above; if you can't read them, submit the form and a new image will be generated. Not case sensitive.