Thursday, May 16, 2013

Jobless Claims Jump to Highest Level in 6 Weeks

http://business.time.com/2013/05/16/u-s-weekly-jobless-claims-jump-to-highest-level-in-6-weeks/

The number of Americans seeking unemployment aid rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump comes after applications fell to a five-year low.

The Labor Department said Thursday that the less volatile four-week average rose just 1,250 to 339,250, a level consistent with modest hiring.

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