Uploaded by FinancialNewsOnline on Nov 23, 2011
The Labor Department reported Wednesday initial claims for state unemployment benefits climbed to a seasonally adjusted 393,000 from an upwardly revised 391,000 in the prior week. Consensus among economists forecast claims at 390,000.
The number of people still receiving benefits under regular state programs rose 68,000 to 3.69 million in the week that ended November 12. Economists had forecast that number would fall from the previous week to 3.6 million.
A total of 6.73 million people claimed unemployment benefits under all programs during the week ending November 5, down 44,608 from the prior week.
The number of people still receiving benefits under regular state programs rose 68,000 to 3.69 million in the week that ended November 12. Economists had forecast that number would fall from the previous week to 3.6 million.
A total of 6.73 million people claimed unemployment benefits under all programs during the week ending November 5, down 44,608 from the prior week.
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