Number of new jobless claims increase!
WASHINGTON - January 7, 2010 - New claims for U.S. jobless benefits edged up by 1,000 in the past week to 434,000,while other claims data showed modest improvement in the troubled labor market, official figures showed Thursday.
The seasonally adjusted initial claims for unemployment insurance benefits in the week ending January 2 rose slightly from the prior week, when it had hit the lowest level in over a year.
The four-week moving average, a less volatile indicator than the week-to-week figures, fell to 450,250 from the previous week's revised average of 460,500.
The report showed the seasonally adjusted insured unemployment rate was 3.6% for the week ending December 26, a decrease from the prior week's unrevised rate of 3.8%.
The number of people receiving benefits in the week to December 26 fell by 179,000 to 4,802,000.
The seasonally adjusted initial claims for unemployment insurance benefits in the week ending January 2 rose slightly from the prior week, when it had hit the lowest level in over a year.
The four-week moving average, a less volatile indicator than the week-to-week figures, fell to 450,250 from the previous week's revised average of 460,500.
The report showed the seasonally adjusted insured unemployment rate was 3.6% for the week ending December 26, a decrease from the prior week's unrevised rate of 3.8%.
The number of people receiving benefits in the week to December 26 fell by 179,000 to 4,802,000.