Forex News: 12.04.2007 U.S. jobless claims rise 19,000 to 342,000
First-time filings for state unemployment benefits rose by 19,000 in the week ending April 7 to 342,000, the highest in eight weeks, the Labor Department reported.The more-reliable four-week average of new claims - which smoothes out distortions from events such as weather or holidays - rose by 7,000 to 323,250.
Meanwhile, the number of people collecting unemployment checks rose by 38,000 to 2.527 million in the week ending March 31. The four-week average of continuing claims fell by 13,500 to 2.51 million.
The insured unemployment rate stayed at 1.9%.
posted by Kalin Tasev @ 2:59 AM
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