Jobless Claims Rise Sharply
April 15th, 2010Via: AP:
The number of newly laid off people signing up for unemployment benefits rose sharply for the second straight week, suggesting that jobs are still hard to come by even as the economic recovery gains traction.
The Labor Department reported Thursday that first-time requests for jobless benefits rose by 24,000 last week to a seasonally adjusted 484,000, the highest level since late February. Economists had predicted claims would fall.
It marked the second week that claims took an unexpected leap. In the prior week, claims rose by 18,000 to 460,000.
Posted in Economy | Top Of Page
