Jobless Benefit Claims Rise
April 17, 2008
Washington, D.C.–The amount of U.S. workers filing new unemployment benefit claims increased last week, the Labor Department said Thursday.After seasonal adjustments, initial jobless claims grew by 17,000 to 372,000 in the week that ended April 12.The four-week new claims average dropped last week by 750–from 376,750 to 376,000, The Wall Street Journal reports.New claims for…
Washington, D.C.–The amount of U.S. workers filing new unemployment benefit claims increased last week, the Labor Department said Thursday.After seasonal adjustments, initial jobless claims grew by 17,000 to 372,000 in the week that ended April 12.The four-week new claims average dropped last week by 750–from 376,750 to 376,000, The Wall Street Journal reports.New claims for the week that ended April 5 were revised downward from the original seasonally adjusted amount–357,000–to 355,000.The U.S. economy now has lost jobs for three consecutive months. Two weeks ago, the Labor Department said that in March, non-farm payrolls dropped by 80,000 jobs–the biggest decline in five years.
