Jobless Claims Rose Last Week but the Trend is Still Favorable
January 06, 2011 at 10:02 AM EST
New filings for jobless benefits jumped by 18,000 to 409,000 on a seasonally adjusted basis in the final week of 2010, according to this morning’s Labor Department update. That’s a bit of a disappointment after last week’s news that initial claims dipped below 400,000 for first time since the summer of 2008. But it’s hardly [...]