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

More like this

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

Subscribe Today

Enter your email address here to be automatically subscribed to our daily newsletter!

Overlay Init