The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Overnight

Lo40° Patchy Fog

Saturday

Hi56° Patchy Fog

Saturday Night

Lo37° Mostly Clear

Sunday

Hi54° Mostly Sunny

Sunday Night

Lo41° Chance Rain

Monday

Hi51° Chance Rain

Monday Night

Lo46° Rain Likely

Tuesday

Hi58° Mostly Cloudy

Tuesday Night

Lo47° Slight Chc Rain

Wednesday

Hi57° Slight Chc Rain

Unemployment claims take unexpected jump

Send to Kindle
Print This

WASHINGTON — First-time jobless claims unexpectedly rose to 354,000 last week, but the four-week average remained in the range of moderate labor market growth.

The number of people filing for initial unemployment benefits in the week ending Saturday was up 10,000 from the previous week’s upwardly revised figure of 344,000, the Labor Department said.

Analysts had expecting about 340,000 first-time claims, the same figure as initially reported last week.

The four-week average, which smooths out weekly variations, rose to 347,250 last week. That was up 6,750 from the previous week, but still below the 350,000 level that economists say is consistent with a moderately growing jobs market.

All comments are moderated before appearing. For more information, please read the approval guidelines. Questions? See our Disqus commenting FAQ or our full commenting policy.

Comments Help

A few important points:

  • You must have a Disqus account to comment (your Wenatchee World login and Disqus login are completely separate)
  • You must provide your first and last name
  • Your comment must be civil

For more information see our Disqus commenting FAQ or our full commenting policy