Archive for February, 2010
NEW YORK (CNNMoney.com) — The number of Americans filing first-time claims for unemployment insurance climbed unexpectedly last week.
There were 473,000 initial jobless claims filed in the week ended Feb. 13, up 31,000 from the previous week’s upwardly revised 442,000, the Labor Department said on Thursday.
A consensus estimate of economists surveyed by Briefing.com expected claims to slide to 438,000.
The 4-week moving average of initial claims, which levels out volatility, was 467,000, down 1,500 from the previous week’s revised average of 469,000.