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First-time jobless benefit claims rise

Aug. 23, 2012 at 9:44 AM   |   Comments

WASHINGTON, Aug. 23 (UPI) -- Initial unemployment benefits claims for last week were 372,000, an increase of 4,000 from the previous week, the U.S. Labor Department said Thursday.

The four-week average was 368,000, up 3,750 from the previous week's revised average of 364,250.

The advance number of unadjusted actual first-time jobless benefits claims under state programs totaled 310,121 for the week that ended Saturday, a decrease of 7,320 from the previous week, the Labor Department said. There were 344,870 initial claims in the comparable week in 2011, the department's Employment and Training Administration said in a release.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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