Thursday, January 03, 2013

Unemployment claims rose during holiday period

The advance figure for seasonally adjusted initial unemployment claims rose by 10,000 in the week ended Dec. 29 to 372,000, the U.S. Department of Labor reported Thursday.
That total was also 10,000 more claims than the median estimate in a Bloomberg survey of economists, according to a Bloomberg report.
The prior week's figure was revised [UP] to show 12,000 more applications than previously reported. So it actually went up 22,000 from what was reported last week.

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